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The man shot in a southwest Edmonton suburb Wednesday morning is Vimal Chandra Iyer, the mastermind convicted for a high-profile, multi-million-dollar fraud scheme, neighbours told Global News.

In late 2016, Iyer was sentenced to seven years in prison after a trial in Edmonton that lasted nearly one year. It was the longest jury trial in Alberta’s history.

READ MORE: Man sentenced to 7 years for real estate scam after lengthy Edmonton trial

On Wednesday, police responded to reports of a shooting just after 7 a.m. in the Ogilvie Ridge neighbourhood, which is located between Rabbit Hill Road and the Whitemud Creek Ravine.

Police said they did not believe the shooting was a random occurrence. Late Wednesday afternoon, they confirmed to Global News that officers had been to the home before but did not elaborate on when or why.

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It’s believed the shooting happened in the area of Osland Drive and Ogilvie Boulevard.

READ MORE: Man shot at downtown Edmonton apartment building

Police said the victim was treated and taken to hospital with serious, but non-life-threatening injuries.

No suspects have been arrested.

Iyer was arrested in 2011 on fraud and theft charges related to his company Trident Properties Ltd.

An investigation by the Alberta Securities Commission found Trident and Iyer bought and sold agricultural land on the premise that it was suitable for urban, residential or industrial development in the near future. They raised about $6.5 million by selling undivided interests, or UDIs, to more than 100 Alberta investors.

READ MORE: 42-week jury trial involves multi-million fraud case

Watch below: On Jan. 6, 2015, Fletcher Kent filed this report on Vimal Iyer facing 40 charges relating to several land development schemes.

–With files from Global News’ Emily Mertz

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