Missing Olympian under investigation turns himself in to Victoria police

Victoria police say an investment dealer and former Canadian Olympic rower who had been missing for nearly a year and a half has turned himself in.

Harold Backer disappeared on Nov. 3, 2015 when he failed to return home after telling his family he was going out for a bike ride.

Soon after, financial crime investigators began looking into Backer and the company My Financial Backer Corporation after his investors received concerning letters.

Police say Backer turned himself in to Victoria Police headquarters Thursday afternoon and was held in custody overnight.

The 52-year-old has had a telebail hearing  and is facing two counts of fraud over $5,000.

Police say he remains in custody and expected to appear in court again on the allegations April 18.