Wednesday, May 15, 2024
ADVT 
National

American Man Ordered Extradited From B.C. Over Alleged $11M Investment Fraud

The Canadian Press, 15 Dec, 2014 04:41 PM
    VANCOUVER — An American man who was indicted as part of an alleged investment fraud worth $11 million has been ordered extradited from B.C.
     
    Sean Finn of Whitefish, Mont., was charged in December of last year along with five other people in the United States and Switzerland.
     
    A B.C. Supreme Court judge says the evidence against Finn would support a conviction, so he'll be surrendered for extradition in 30 days unless he files an appeal.
     
    A news release issued at the time by the U.S. Department of Justice says the charges relate to a Swiss corporation named Malom Group AG.
     
    The release said the company took $11 million from investors, who were promised high rates of return that did not materialize.
     
    The company's name, Malom, is an acronym for "make a lot of money."

    MORE National ARTICLES

    BC Ferries Eliminates Fuel Surcharge As Of Wednesday As Price Of Diesel Drops

    BC Ferries Eliminates Fuel Surcharge As Of Wednesday As Price Of Diesel Drops
    VICTORIA — BC Ferries has announced that a 3.4 per cent fuel surcharge that came in the midst of three consecutive years of fare increases will be eliminated starting Wednesday.

    BC Ferries Eliminates Fuel Surcharge As Of Wednesday As Price Of Diesel Drops

    Access to palliative care needed for all those nearing end of life, says report

    Access to palliative care needed for all those nearing end of life, says report
    TORONTO — Dramatic improvements are needed to provide quality palliative care for all patients facing the end of their lives, including boosting the number of health providers trained in specialized care of the dying, says an Ontario health advisory agency.

    Access to palliative care needed for all those nearing end of life, says report

    New Medical Pot Regime Sees Quick Growth, But Beset By Complaints

    New Medical Pot Regime Sees Quick Growth, But Beset By Complaints
    Canada's shift to a commercial market comes as federal politicians debate the larger issue of prohibition. Liberal Leader Justin Trudeau has been pilloried by the Conservatives for supporting legalization.

    New Medical Pot Regime Sees Quick Growth, But Beset By Complaints

    OLG names former Harper national security adviser Stephen Rigby as CEO

    OLG names former Harper national security adviser Stephen Rigby as CEO
    TORONTO — A former national security adviser to the prime minister has been named president and chief executive officer of the Ontario Lottery and Gaming Corp.

    OLG names former Harper national security adviser Stephen Rigby as CEO

    North American energy ministers have a barrel full of issues to talk about

    North American energy ministers have a barrel full of issues to talk about
    WASHINGTON — North American energy ministers meeting today in Washington have a full agenda to cover — from the Keystone XL pipeline, to falling oil prices and the liberalizing of Mexico's oil and gas sector.

    North American energy ministers have a barrel full of issues to talk about

    Household debt climbs to 162.6 per cent of disposable income: Statistics Canada

    Household debt climbs to 162.6 per cent of disposable income: Statistics Canada
    TORONTO — Canadian household debt hit a record high during the third quarter, as it grew at a faster pace than disposable income, according to the latest figures from Statistics Canada.  

    Household debt climbs to 162.6 per cent of disposable income: Statistics Canada