Friday, September 20, 2013

Whistle Blower Leaks Offshore Financial Records of 550 Canadians!

As we posted on May 6, 2013 Whistleblower Exposes Massive Offshore Corruption! discussing the release this of an investigation by the International Consortium of Investigative Journalists into off-shore holdings of people and companies in more than 170 countries and territories hiding trillions of dollars in income and assets. Now we come to discover that the names of 550 Canadians have been found in these 2.5 million recently leaked records from offshore financial centers.  The files include personal and financial details relating to those linked to companies and trusts in the South Pacific and Caribbean.

One of the most infamous names is Toronto-based Peter Sabourin, whose name appeared 1,449 times in the files. Found liable for fraud at several Ontario Superior Court trials in 2007, Sabourin now owes more than CAD32 million to his investment victims and is still being investigated by Ontario Provincial Police.    

There is going to be some civil and criminal exposure for some of those Canadians named in this list "EY."

Secret Foreign Investments Keeping You Awake at Night?
 

Want to get right with the IRS?
(or Canada Revenue Agency)
Contact the Tax Lawyers at 
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