Two men convicted of bilking investors out of millions of dollars in one of Canada’s biggest investment fraud cases will learn their fate at the end of July.

Gary Sorenson and Milowe Brost were both found guilty in February of fraud and theft in connection to a Ponzi scheme that swindled thousands of North Americans out of their investments.

The scheme centered around a Honduran Gold Mine and investors lost between $100 and $400M over a nine year period.

Hundreds of victim impact statements were submitted to the court in the case and about 850 requests for restitution were received.

The Crown is asking for 14 years and the defence is looking for an eight to ten year sentence.

The judge will deliver a sentence in the case on July 28.