Archive For The “fraud” Category
As of November 7, 2017, Judge Myriam Lachance convicted Claude Bossé, Claude Yvon Provost, Leonard Stella, Mario Paquin and Reginald Alfred Groome on various counts in regards to the Millenia Hope fraud. I must say that after 5 years of investigation I thought that my investigation into Millenia Hope was over having found indisputable…
The Thibault affair is leading to many questions which are now starting to surface. In a recent article we have seen La Presse in the article http://www.pressreader.com/canada/la-presse/20151015/282299614007747/TextView establishing a link between the actions of Thibault and the Bank of Montreal (previously AIG) and its president Peter MacCarthy. I have already established how Thibault…
As part of our zero tolerance policy towards breach of ethics or law, we have send this legal notice to Assomption Vie Mrs Plourde, We have been informed of your statement made on the Finance-Investissement web site as to your company position in regards to life settlements. On behalf of your…
Complaint 010614-004A This complaint was made by a mortgage broker. This mortgage broker had a client who was buying a property. She was accepted for a mortgage in less than 24 hours and in a week, all conditions were removed from the mortgage commitment. Five days prior closing, the lender advised the mortgage broker that…
Sometimes investigating or fight fraud is like cutting the head of a hydra. Cut one head and two more heads will take its place. The story of Millenia Hope and my investigation in the activities of this company has led me in a chase for information through the Delaware/Quebec corridor which I named the corridor…
COMING SOON! Millenia Hope: A company that started its corporate life by claiming it had a new medication for the treatment of malaria which ended this corporate life with one last bid and claim; trying to buy the professional soccer team of the city of Bari, Italy on the basis of its last annual 2008…
Or is it black and white? What do you think? As a fraud investigator, I have to say my curiosity was a bit tickled when I was contacted by Mr. Thompson who wanted me to take a case on behalf of clients who wanted me to determine whether or not their life insurance policies…
If we were in a western movie, myself, the regulators and Manulife would have probably have a good old fashioned legal shootout. I will let you decide who is the good, the bad and the ugly… This is a letter I sent to Mr. Blandy, manager of compliance at the Alberta Office of the…
Superintendant Julie Dickson, Office of Superintendant of Financial Institutions Canada confirmed during her delivery of a presentation on the “Challenges in the life insurance industry” on November 8, 2010, the existence of toxic products in the life insurance industry. This comment was made at the 2010 Life Insurance Invitational Forum. She said as an introduction: “I have…
Orphan policies These are insurance policies where no service is provided or can be provided because there is no advisor or no valid advisor on the policy. The concept of orphan policies has been recognized by the Court in this case: http://www.canlii.org/eliisa/highlight.do?text=Assante&language=en&searchTitle=Quebec&path=/fr/qc/qccs/doc/2008/2008qccs802/2008qccs802.html The Court recognized different types of orphan policies. Orphan policies…
