Calgarian who ran $150-million ‘classic Ponzi scheme’ ordered to pay $8.8 million in penalties

A Man from Calgary who directed a Ponzi scheme of $ 150 million was convicted of securities fraud and was ordered to pay $ 8.8 million in fines and costs by the Alberta Securities Commission (ASC). Craig Michael Thompson, 47, and his two companies, Black Box Management Corp. and Invader Management Ltd., defrauded 1,000 Canadian…

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Hundreds of Manitoba students displaced by wildfires expected to start new school year far away from home

The schools in Brandon and Winnipeg are making space in their classrooms for hundreds of children displaced by forest fires who will not return home during the first bell of the autumn period. “We ensure that our schools are hosting the places … making arrangements to have ready supplies, looking at staff, nutrition,” SUT of…

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