William Cornford chose to be tried before a single judge of the Court of Queen’s Bench in a case of theft and fraud.
Cornford, a former used car dealership, faces 14 counts, including theft, fraud and forgery, all indictable offenses.
Cornford was a co-owner of W&P Auto Sales on the north side of Fredericton. The concessionaire ceased operations in August 2019.
Several customers have come to the Fredericton Police Force saying that the dealership never paid the liens for which it was responsible under the take-back agreements. They also claimed that W&P Auto had resold vehicles with privileges still attached to them.
Also in 2019, NextGear Capital, a finance company serving auto dealerships, filed a claim with the Court of Queen’s Bench against W&P Auto.
According to court documents, NextGear Capital granted a loan of $ 250,000 to W&P Auto and the dealership defaulted on payment.
In the statement, NextGear said W&P Auto owed a principal balance of more than $ 100,000.
Cornford did not argue in favor of the charges against him.
A preliminary hearing in provincial court is scheduled for four days in December.
Peter Kennedy co-owned the concession, but police said no charges had been laid against him.