RSS FeedTough-on-crime legislation targets big fraudsters
By: Law is Cool · October 22, 2009 · Filed Under Criminal Law · Add Comment
White-collar criminals face new sentences
Campbell Clark writes for the Globe and Mail:
The federal government will legislate two-year minimum sentences for big-money frauds of more than $1-million, seeking to assuage an outcry over a series of Ponzi schemes and rip-offs that came to light as financial markets tanked.
There are Ponzi schemes in Canada too
By: Law is Cool · July 29, 2009 · Filed Under Criminal Law · 2 Comments
Financier out on bail as bilked victims fume
Jones is accused of defrauding up to 200 investors, many of them elderly, of between $30 million and $50 million in what Quebec’s financial securities regulator believes was an intricate Ponzi scheme.
