Real Time Web Analytics

Thursday, June 16, 2011

Ex-broker fined $1-million in theft from widowed client

I'm certainly glad this fellow has been stopped. I wonder if there are other victims as well?

An interesting point raised in this article is that the regulatory body overseeing the brokers has the power to fine the ex-broker but doesn't have the power to make him return the $1.4-million he stole from his client. The ex-broker has also been charged criminally, a procedure that I'll be watching with interest. Click here to read the story from the Globe and Mail.

No comments:

Post a Comment

You might also like

Related Posts with Thumbnails