Posts from "October, 2015"

Lacroix, Lambert, Landolt, Latsis

Plusieurs victimes l’ont soupçonné d’avoir déposé quelques millions de dollars dans des abris fiscaux, à Nassau, aux Bahamas, et même à Fribourg, en Suisse, où il se rendait régulièrement lors de nombreux voyages d’affaires.

–Yvon Laprade, Autopsie du scandale Norbourg, Québec Amérique, 2009, p.21.

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45. Lacrois, Vincent   (1969-     )

Convicted in 2007, and again in 2009 of defrauding 9,200 investors in the Norbourg Financial Group trust fund he had set up in Montréal. Lacroix was found guilty of diverting $115 million (CAD), using much of it for himself and his employees. The Norbourg scandal is considered to be the biggest financial scandal to have ever taken place in the Province of Québec. The Canadian public was outraged by Lacroix’s callous embezzlement of the retirement funds of his modest investors. Often compared to Bernie Madoff, the American Ponzi scheme swindler who was sentenced to 150 years in prison in 2008 after embezzling his investors of $150 billion (USD), Lacroix was reviled, especially when he was released to a half-way house (“maison de transition”) after serving only 17 months of his 18 year sentence. http://fr.canoe.ca/infos/societe/archives/2014/02/20140207-093829.html

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