Sentencing of four offenders convicted of multiple counts of fraud over $5,000, money laundering, and committing offences for a criminal organization.
The offenders orchestrated a sophisticated, multi-million dollar fraud scheme targeting the Canada Small Business Financing Program and several major banks using sham construction companies.
The court imposed penitentiary sentences ranging from 14 months to 8 years, along with significant restitution orders and fines in lieu of forfeiture.
