Canada Bread Company agreed to pay a $50 million fine on June 21 after pleading guilty to fixing the price of bread sold in grocery stores.
This fine is the highest ever imposed for a cartel offence in Canada — more than seven times higher than the previous record.
It is also the second-highest fine imposed on a corporation. Only the $280 million fine SNC-Lavalin agreed to pay as part of a 2019 plea deal settling foreign corruption and fraud charges was larger.
NEW YORK (AP) — FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he had repeatedly tried to influence witnesses against him.
U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried’s bail revoked after prosecutors said he’d tried to harass a key witness in his fraud case last month when he showed a journalist her private writings and in January when he reached out to the general counsel for FTX with an encrypted communication.
The NYTimes article on the Bail Revocation fleshes out the situation a bit more as it should given their involvement.
Evidently Judges look upon witness tampering as a “Bad Thing.” In another pleasant surprise it appears the Illegal Campaign Contribution charges recently dropped due to an extradition technicality are able to be resurrected. Looks like Sammy was expendable after all.
This is the NYTimes article that got SBF’s bail revoked – Inside the Private Writings of Caroline Ellison, Star Witness in the FTX Case
Three months before the cryptocurrency market imploded last year, Caroline Ellison, the 27-year-old chief executive of the crypto hedge fund Alameda Research, was racked with self-doubt.
“I have been feeling pretty unhappy and overwhelmed with my job,” Ms. Ellison wrote in a Google document in February 2022. She added: “At the end of the day I can’t wait to go home and turn off my phone and have a drink and get away from it all.”
Ms. Ellison had a lot on her mind. She did not think that she was well suited to running Alameda or particularly decisive as a leader, she wrote in another Google document. She was also going through a breakup with Sam Bankman-Fried, the billionaire entrepreneur who had founded Alameda and then FTX, one of the world’s largest cryptocurrency exchanges. They had dated on and off, and Ms. Ellison worried about “making things weird” and “causing drama.”
Sotheby’s is being sued by investors over an auction of more than 100 images of cartoon monkeys.
The 279-year-old auction house has been named as a defendant in a lawsuit alongside celebrities including Paris Hilton, Justin Bieber and Madonna who promoted Bored Ape Yacht Club non-fungible tokens (NFTs), a series of 10,000 collectible, digital monkeys.
This scam was so blatant it’s hard to believe it could be pulled off.
Last week, JJ Bean Coffee Roasters, a socially progressive chain of over 20 cafés in the Greater Vancouver area, closed its location in downtown Vancouver’s Gastown district due to public disorder and drug abuse.
On Monday, Edmonton city police issued a warning to residents that a dangerous offender was about to be released into the city at the end of his jail term.
Mike Cardinal, 49, has a long list of previous offences for violence and for sex crimes against women between the ages of 15 and 82. Police have “reasonable grounds” to believe he will commit more crimes once he gets out.
The 12 apartments above a sporting goods shop in Vancouver appear unremarkable, blending in with thousands of others in the beachfront Kitsilano neighbourhood.
But the building’s bland, beige exterior hides a dark secret.
Authorities say the apartments are a key part of a money laundering operation run by Paul King Jin, an alleged member of a Chinese organized crime group, and a self-described loan shark.
A suspected shoplifter beaten by two 7-Eleven clerks in a viral video allegedly stole from the same California location at least twice before the employees took him down, police said as they revealed the workers are under investigation for possible assault.
Stockton police shed new light over the weekend on the July 29 confrontation in which the pair of workers used a stick to wallop a man who tried to swipe a trash can full of cigarettes.
This 7-Eleven cigarette thief receives a Merciless Light Saber beatdown from Jedi Master Droopypants.🤟😛 pic.twitter.com/fVxS2GRMlC
— Fred Jelly Beans 🇺🇸 (@FredJellyBeans) August 6, 2023
Police investigating the notorious Gilgo Beach murders announced Friday that have identified the victim previously known as Jane Doe No. 7 as a 34-year-old Manhattan woman.
Karen Vergata is believed to have disappeared around Feb. 14, 1996, Suffolk County District Attorney Ray Tierney said Friday morning.
Though shootings and murders in the city are down, the amount of unreported or unrecorded crime—like rampant package theft—remains immense.
Progressive politicians and their allies in the media have been running victory laps over New York City crime statistics. It’s true—and salutary—that shootings and murders have declined, though not to their pre-pandemic lows. Mayor Eric Adams and the NYPD deserve credit for going after the gangs and crews known to commit the preponderance of the city’s gun crimes.
But we should take much of the rest of the city’s crime data with a pinch, if not a full shaker, of salt. Most New Yorkers would agree that street crime, arbitrary mayhem, and general hostility are all trending the wrong way. Compstat data may say that shoplifting is down—but if that’s true, why are so many stores locking away anything that can’t be nailed to the floor? And how many victims of muggings or “minor” assaults have simply decided that it’s not worth the bother of filing a police report, when the perpetrator, if he is even caught, will likely walk away with few consequences?
Some are not impressed with Canada’s new justice minister appearing to downplay concerns about crime rates.
On July 31, Arif Virani, MP for Toronto’s Parkdale-High Park riding who was appointed justice minister in last week’s cabinet shuffle, was quoted in a story by Reuters saying it is unlikely Canadians are more at risk from crime.
“I think that empirically it’s unlikely, … but I think there’s a sense coming out of the pandemic that people’s safety is more in jeopardy,” he said, while acknowledging that people are feeling more at risk.
Statistics Canada has produced a worrisome new data set that shows violent crimes are now on the rise again.
This news likely won’t surprise that many people. While there hasn’t previously been much hard data to confirm it, what we witness in the news and on social media certainly gives us that impression. The question now is what to do about it.
Gun control and blaming racism are no substitute for personal responsibility.
33 people were shot over the weekend in Chicago. Urban gangland violence like that is what real “mass shootings” look like and finally a Journal of the American Medical Association paper addressed the problem by shifting the blame to something it calls “structural racism”.
The members of the class of 1983 slapped on their 40th reunion name tags and hit the open bar to reminisce. They squeezed into Johnny McGorey’s Pub across from the Massapequa Park train
station on Long Island last weekend, among them former athletes, prom sweethearts and yearbook fixtures.
But the buzz of the reunion was the phantom of Berner High School: Rex Heuermann had suddenly made a name for himself days before, when prosecutors accused him of being a serial killer.
Jacob Hoggard’s northern Ont. sexual assault trial to be held fall 2024
Trial dates are set for disgraced Canadian musician Jacob Hoggard — who is facing another sexual assault charge in northern Ontario — but they are more than a year away.
Hoggard, the frontman for the band Hedley, was convicted last June of raping an Ottawa woman in 2016 and is currently out on bail while appealing his five-year prison sentence in that case.
He was found not guilty at that same trial of groping and raping a teenage fan.
Canada saw a surge in vehicle theft and robberies in 2022, as police-reported crime rose for the second successive year.
A new report released by Statistics Canada on Thursday showed that the incidence and severity of crime – as measured by the Crime Severity Index (CSI) – in the country increased by four per cent compared to the previous year.
Video shows victim being thrown from moving car during violent carjacking in Mississauga
h/t Mauser
