Michael Tomlinson, 57, from Nantwich, Cheshire, appeared before Market Drayton magistrates charged with 21counts of deception.
According to detail given to the court, the amounts involved run from £8,000 to £190,000 and total in excess of £1m.
The court heard the people claiming to have lost money are all elderly people in the Shropshire area. Offences are alleged to have taken place between 1998 and 2005.
Tomlinson also faces a charge of trading for fraudulent purposes in relation to a company called Acorn Holdings trading as One Group, UK.