Crown Seeks Maximum Penalty Of 10 Years For Three Convicted In Cinar Case

Darpan News Desk, 10 Jun, 2016 12:28 PM

MONTREAL — The Crown prosecutor in the $120-million Cinar fraud case is asking a judge to sentence the three accused to the maximum penalty of 10 years in prison.

Matthew Ferguson said in court today the crimes tarnished Canada's reputation in international markets and that the three men have countless victims.

Ronald Weinberg, whose Cinar animation company created popular children's shows such as "Arthur'' and "Caillou," was found guilty last week of illegally diverting the firm's funds to himself.

A jury convicted Weinberg and former financial advisers John Xanthoudakis and Lino Matteo on most of the charges they faced.

The fraud took place between 1998 and 2000.

Ferguson says sentencing arguments will most likely continue next week.

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