Sentencing date to be set again after Concrete Equities exec accepts guilty plea
CALGARY — A former executive who had already admitted to defrauding more than a thousand investors out of tens of millions of dollars has abandoned his attempt to take back his guilty plea.
David Humeniuk, 68, was supposed to be sentenced in a Calgary court on Dec. 12. Instead, he fired his lawyers and said he wanted to back out of his guilty plea from last October to fraud over $5,000.
“I told the court I would look into the circumstances of the plea, advise Mr. Humeniuk and receive his instructions as how he wished to proceed with this matter,” his new lawyer, Yoav Niv, told Court of Queen’s Bench Justice Earl Wilson on Friday.
“He is eager to get this matter dealt with and his instructions are that we … proceed with the sentencing. He’s not contesting the validity of his plea.”