70 puppies seized in fraud investigation turned puppy mill within Laurentian home

70 puppies seized in fraud investigation turned puppy mill within Laurentian home

70 puppies were seized on Oct, 11, from a Laurentian home that had been turned into a puppy mill. Four dogs were found dead in the basement of the home and a 44-year-old woman was arrested. A spokesperson for the Sûreté du Québec said that the discovery of the puppies stemmed from the provincial force was investigating a fraud complaint filed by the Quebec Order of Veterinarians concerning fake vaccination certificates. Eloïse Cossette said the…

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Equifax award $7.2 million contract after massive data hack

Equifax award $7.2 million contract after massive data hack

After recently admitting to having the sensitive information of 143 million people stolen from it’s data centre, Equifax was awarded a new $7.2 million contract on behalf of the Internal Revenue Agency. Announced Oct, 3, to the ire of U.S senators, the credit-moniting company was awarded the contract because the IRS deems them “a critical service that cannot lapse.” Equifax has been tasked with verifying the identification of taxpayers and is considered the “sole source…

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Defendant in MUHC fraud trial wants charges tossed

Defendant in MUHC fraud trial wants charges tossed

One of the defendants in the McGill University Health Centre (MUHC) fraud trial is seeking to have the charges against him thrown out based on the Jordan ruling. Yohann Elbaz, once of the five defendants in the case, is facing several charges, including fraud and money laundering. The Crown alleges top executives from SNC-Lavalin paid a $22.5-million bribe to MUHC senior administrators to secure the $1.3-billion contract to build the McGill University Health Centre’s Glenn superhospital. Yohann…

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TTC suing Manulife Financial

TTC suing Manulife Financial

The Toronto Transit Commission (TTC) is suing Manulife Financial for alleged negligence in connection with a benefits fraud scheme that was discovered three years ago. Since the fraud operation came to light, 170 TTC employees have been dismissed or have retired or resigned to avoid dismissal. Ten former employees are facing criminal charges for their connection to the alleged fraud. In the statement of claim, filed in the Ontario Superior Court of Justice, the TTC…

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Canada’s privacy commissioner investigating Equifax data breach as two execs leave company

Canada’s privacy commissioner investigating Equifax data breach as two execs leave company

Canada’s privacy watchdog launched an investigation into the Equifax data breach after hearing from dozens of Canadians who have yet to learn if their personal information has been hacked. “The investigation is a priority for our office given the sensitivity of the personal information that Equifax holds,” the Office of the Privacy Commissioner of Canada said in an announcement on its website. Equifax, a credit-monitoring company used by many creditors to check consumers’ credit histories,…

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Québec Superior Court Grants Leave under Québec Securities Act in Valeant Pharmaceuticals Securities Class Action

Québec Superior Court Grants Leave under Québec Securities Act in Valeant Pharmaceuticals Securities Class Action

Quebec’s Superior Court has granted leave to pursue a shareholder class action on behalf of purchasers of securities issued by Valeant Pharmaceuticals International Inc. who acquired them between Feb. 2013 and Oct. 2015. Leave has been granted based on allegations that Valeant’s filings with securities regulators in Canada and the United States contained materially false or misleading statements. The Court’s decision allows the plaintiffs to advance their action as a class proceeding which will now…

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Securities commissions defend name-and-shame lists despite unpaid penalties

Securities commissions defend name-and-shame lists despite unpaid penalties

In the five years since the Ontario Securities Commission launched its “delinquent respondents list,” a website page designed to expose securities law violators, only a few of the names have been removed. Only 16 of the 432 names on the list have been taken down – 13 of which because they paid their fines or other sanctions, and three because they’ve started a payment plan. Commissions don’t agree whether the sites are effective, fair, or…

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Judge will not dismiss charges against two accused in Contrecoeur case

Judge will not dismiss charges against two accused in Contrecoeur case

A Montreal judge has rejected requests by two of the accused at the Contrecoeur fraud trial to have the charges against them dismissed for lack of evidence. The prosecution was able to submit sufficient evidence against Pasquale Fedele and Pascal Patrice to justify rejecting their motions to dismiss the charges, Court of Quebec Judge Yvan Poulin ruled on Friday. “Without ruling on the reliability or the probative value of (the evidence), or on (its) sufficiency to prove…

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Valeant faces potentially costly securities fraud lawsuit in U.S.

Valeant faces potentially costly securities fraud lawsuit in U.S.

Valeant Pharmaceuticals International Inc. has been selling assets, paying down debt and riding a recovery of its shares from their lowest point last spring. But one big uncertainty – its potential legal costs – just got bigger. Lord Abbett & Co., the mutual fund company, filed a securities fraud lawsuit against Valeant on Wednesday alleging that it bought shares in the drug giant at an artificially high price because of misinformation provided by Valeant. The…

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RCMP seeking criminal charges in Canada Post mail plant probe

RCMP seeking criminal charges in Canada Post mail plant probe

The RCMP will be seeking charges against several people in connection with the construction of the Winnipeg police headquarters building and the Canada Post Mail Processing Plant. This comes more than two and a half years after the Mounties first began to probe criminal allegations in the police HQ building project, and more than 18 months after they began looking into the Canada Post mail plant near the Winnipeg James Richardson International Airport. The RCMP…

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