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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (109322)	6/25/2021 8:20:31 AM
From: Goose94	Read Replies (1) \| Respond to of 203329

Can'tTrust (TRST-T) Canada does not have a stellar record for successfully pursuing white-collar crime. An effort to chart a new course several years in the making is on display in this week's quasi-criminal fraud and insider trading charges laid by the Ontario Securities Commission against the co-founder of Canntrust Holdings, and the banker brought in to run it. The case against Eric Paul, Peter Aceto, and former Canntrust director Mark Litwin, the latter two charged with the trading offences in addition to fraud and misleading disclosure, will be prosecuted at the Ontario Court of Justice in front of a judge, not in the cozy confines of the regulator's head office where OSC commissioners adjudicate administrative hearings. An equally stark contrast in the Canntrust prosecution is the potential penalties. Rather than bans on acting as a director or officer of a company regulated by the OSC or prohibitions on trading outside retirement accounts, the accused are facing up to five years less a day in prison, if convicted, and up to $5-million for each conviction. None of the allegations have been proven.