Article content A Calgary-based financial adviser has been accused of orchestrating a multimillion-dollar fraud that saw him rewarded for allegedly moving unsuspecting clients’ funds into a penny stock. Jeffrey Ber, 38, is charged with two counts of fraud over $5,000 and one count of secret commission, Alberta RCMP’s Integrated Market Enforcement Team said in a release Monday. We apologize, but this video has failed to load. Try refreshing your browser, or Calgary financial adviser charged in alleged multimillion-dollar fraud Back to video It’s alleged Ber initiated unauthorized trades in clients’ accounts without their knowledge. Some were downgraded without their consent and, in some cases, blue-chip stocks were sold to purchase a publicly traded penny stock, the release states. The investigation was launched following a referral from the Alberta Securities Commission.