A traditional Chinese medicine expert who helped trick a retired Calgary couple into investing $77,400 into a “sham” company has been sentenced to house arrest.

Quang Sac Hoang, who immigrated to Canada as a young man in 1990, was convicted of theft, possession of proceeds of crime and money laundering in Alberta’s Court of King’s Bench.

The court heard Hoang was acting as an intermediary within a larger fraud scheme.

“On receipt of this money, he immediately transferred it overseas to Singapore and the money was never recovered,” Justice Michele Hollins wrote in her recent sentencing decision.

The impact of Hoang’s actions on Susan and David Andersen “is significant,” said the judge.

“One can only imagine having worked and saved diligently into one’s 70s, only to have that financial

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