Tuesday, December 23, 2025
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

    Over half of Canadians surveyed in poll love the Grey Cup but fewer will watch

    Over half of Canadians surveyed in poll love the Grey Cup but fewer will watch
    More than half the Canadians who took part in a recent online survey agreed the Grey Cup is an important national symbol but less than half that number plan on watching the big game and younger Canadians are even less inclined.

    Over half of Canadians surveyed in poll love the Grey Cup but fewer will watch

    Man finally freed a decade after wrongful first-degree murder conviction

    Man finally freed a decade after wrongful first-degree murder conviction
    TORONTO — A man convicted of first-degree murder more than a decade ago was finally exonerated Friday after the Crown announced it would not prosecute him again.

    Man finally freed a decade after wrongful first-degree murder conviction

    Toronto's international airport has enhanced winter operations plan

    Toronto's international airport has enhanced winter operations plan
    TORONTO — Canada's busiest airport has adopted an "enhanced" winter operations plan to better meet the needs of its passengers.  

    Toronto's international airport has enhanced winter operations plan

    Canada's economy grows at 2.8 per cent annual pace in third quarter

    Canada's economy grows at 2.8 per cent annual pace in third quarter
    OTTAWA — The Canadian economy grew at a faster than expected pace in the third quarter, but economists cautioned Friday about the impact of lower oil prices on growth in the coming months.

    Canada's economy grows at 2.8 per cent annual pace in third quarter

    Businesses beyond the oilpatch taking crude price slump in stride

    Businesses beyond the oilpatch taking crude price slump in stride
    CALGARY — For International Motor Cars, a luxury dealership in Calgary, the oilpatch is big business.

    Businesses beyond the oilpatch taking crude price slump in stride

    Today on the Hill: aboriginal families and traditional medicine

    Today on the Hill: aboriginal families and traditional medicine
    OTTAWA — Academics and legal experts are delving into the thorny issue of aboriginal parents refusing life-saving treatment for their children.

    Today on the Hill: aboriginal families and traditional medicine