03/25/2014 07:38 EDT | Updated 05/25/2014 05:59 EDT

Alberta man accused of bilking investors of $15M for soil remediation technology

LETHBRIDGE, Alta. - A southern Alberta man is facing fraud charges after allegedly bilking investors out of up to $15 million.

Lethbridge police received a complaint in 2012 and began an investigation.

Members of the Economic Crimes Section allege that between 2008 and 2011 Nature Zone Environmental Solutions, working in partnership with a man, solicited investments from across Canada.

Police say the man told investors he had secured patents for water and soil remediation technology when he actually hadn't.

Alan Lloyd Kirby, who is 56, of Diamond City appeared in court Tuesday and was released on bail.

He is set to appear again on May 5.