A reader passed on some details regarding compensation for financial fraud. I think it deserves a higher profile than the comments section of an earlier post, hence this post.

It's been busy times hereabouts, so this will be short –  but if you'd like to get the inside scoop on what it was like to sit in the courtroom and watch the biggest fraudster in U.S. history be sentenced, check out this excellent colour piece from The Big Money's ...

March is Fraud Prevention Month and the Bank of Canada is telling Canadians how to spot counterfeit money. I was rather amazed to discover how many security features are embedded on paper currency. The $20 bill has at least six.

It’s over. The criminal fraud trial of Garth Drabinsky and Myron Gottlieb has finally drawn to a close. It’s been more than 18 years since the first hint of fraud allegedly occurred at Livent, 10 years since company founders Garth Drabinsky and Myron Gottlieb were suspended from the company after ...

Will the guilt or innocence of Livent founders Garth Drabinsky and Myron Gottlieb rely on whether Diane Winkfein recalls whether a scribbled notation on a financial document was written on April 23, 1998 or the next day? The answer appears to be…yes. That date is vital to the defence, judging ...

Of all the witnesses who are scheduled to testify in the criminal fraud trial of Livent founders Garth Drabinsky and Myron Gottlieb, you would think that that the testimony of Diane Winkfein, a junior accountant at Livent, would inflict the least amount of damage. After all, despite having a 23-year-long ...

While the criminal fraud proceedings against Garth Drabinsky and Myron Gottlieb have taken a short break this week, the pair were dealt a major blow, earlier today, in their civil litigation with Livent investors. The Ontario Court of Appeal has upheld a lower court ruling ordering the pair to pay ...

Diane Winkfein worked with Garth Drabinsky for more than 23 years. In 1975, she joined Drabinsky’s old law firm as a bookkeeper and followed the charismatic entrepreneur through just about all of his endeavours. In 1982, she moved with Drabinsky to Cineplex Odeon, and also worked with him at his ...

As if there weren’t already enough documents in the criminal fraud trial of Livent founders Garth Drabinsky and Myron Gottlieb, earlier today defence lawyers produced one that they created themselves. You can’t really blame them. The document was meant to help speed up the cross examination of former Livent controller ...

Here’s an interesting legal question for you: If you allegedly committed a fraud, but there was a legal way for you to achieve the same ends, did you still commit a crime? I don’t know the answer, but the question is something defence lawyers representing Livent founders Garth Drabinsky ...