The article failed to mention a couple of other relevant points.
It is believed that renegade financier Steven Scott Brown may have driven a vehicle manufactured by Ford Canada Ltd. His phone service was provided by B.C. Tel which is linked to the Bell Mobility Network and through the Stentor Alliance to Bell Canada. Some evidence may suggest that Brown used the CIBC, TD Bank and perhaps even the Royal and Bank of Montreal in some of his transactions which are believed to have been facilitated with credit provided by Visa, and American Express.
The "bad publicity" is about some guy(s) who (have) used, provided services to, or somehow helped arrange, or even might have taken part of private placements through some corporate entities, but now appears to have absconded with his clients money. The fact that Ford (or GMC), B.C. Tel, Bell Canada, CIBC, or the TD Bank aren't mentioned might be an oversight, because they likely sold product or services of greater value to Brown than MGR did.
If Phil were to be ripped off by a crooked broker tommorrow, I suspect the headline might read "MGR investor linked to fraud." Unfortunate, but not relevant to the Company.
Dave |