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A Vancouver man who won $4 million in the lottery put his faith in an investment adviser, but he claims the move resulted in him losing more than half of those winnings.

Mohammed Shakil Khan is suing Catherine Jones, his former adviser, for allegedly making bad or unauthorized investments and causing him to lose $2.3 million.

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Khan struck it rich in the Lotto 6/49 lottery on March 17, 2007 and initially put his winnings in high-yield short-term GICs earning about 4.5 per cent per year.

He met a number of investment advisers and decided several months later to transfer $3.5 million to a company called Leede Financial Markets Inc. so that Jones, one of the firm’s investment advisers, could invest those funds for him.

Khan wanted to have a steady income stream from the stock portfolio as he anticipated living off the revenue, according to a lawsuit he has filed against Jones and several companies she worked for.