According to Victoria Police, Harold Backer, the subject of a 2015 missing person release, has been found safe.
The search for the 52-year-old Backer began on November 3, 2015 when he failed to return home from a bike ride.
He was last seen in surveillance video, shot at the Port Angeles ferry terminal.
Shortly after his disappearance, financial crime investigators launched a probe into Backer and his company, My Financial Backer Corporation.
There are allegations the former olympic rower and a mutual funds dealer, may have lost his clients significant amounts of money and that he penned a letter to those clients prior to his disappearance.
Police say Backer walked into Victoria Police Headquarters yesterday afternoon.
He was arrested and held in custody overnight.
He has since taken part in a telebail hearing and is facing two counts of fraud over $5000.
Backer remains behind bars until his next court appearance, on Tuesday, April 18th.
Financial and major crime detectives continue their investigation.