[All] Russia, Doug Ford and Trump

[Lanteigne]

Hi folks
I did a bit of research. Boy did I find a doozy of a situation here. 
Check it out. 
YBM Magnex admitted in 1999 in a U.S. court that the company was created for the sole purpose of committing securities fraud. Canada was chosen for the scam because company officials believed securities regulations here are more lenient.
Link 1: https://www.cbc.ca/news/business/ybm-magnex-used-by-mob-to-bilk-investors-1.169636 

YBM was the work of Russian mobster Simeon Mogilevich who bribed lawyers and accountants to set up a network of shell companies to disguise his ownership of YBM, to make the enterprise look legitimate.Link 2: https://www.theglobeandmail.com/globe-investor/personal-finance/how-to-spot-fraud-and-be-a-vigilant-investor/article556022/

YBM's board included the former Liberal Ontario Premier David Peterson, The OSC did not sanction Peterson but said he should have shown more leadership. David Peterson served as Premier from June 26, 1985 to October 1, 1990.

In 1999 the Ontario Securities Commission said YBM and its advisors failed to disclose that U.S. authorities were investigating the firm for money-laundering and ties to the Russian mob before it began raising money on the Toronto Stock Exchange in 1997.
When trading in its shares was halted, the company had raised about $890 million and Canadian individuals and institutional investors had ended up with 40 per cent of the company's shares. Unable to trade its shares, YBM went into receivership.Link 3: https://www.cbc.ca/news/business/securities-regulators-levy-1-2-million-in-fines-penalties-in-ybm-magnex-case-1.374819

Mogilevich's widespread bribery of government officials makes it unlikely that he will ever spend a significant time in prison. Without an extradition treaty with Russia & the US, it is highly unlikely that he will ever have to answer for his YBM fraud. (Source: Link 2)
The Chronology of the 8 year YBM saga can be viewed online. "I am delighted with the outcome," Mr. Peterson said. "But it's not been that much fun for 3 1⁄2 years."Link 4: https://www.theglobeandmail.com/report-on-business/landmark-ybm-case-ends-with-a-whimper/article1018369/
“If you want to understand this whole Trump-Russia thing, look into a guy named Boris Birshtein.” Mr. Birshtein's son in law Alex Shnaider who helped fund the creation of Trump Tower in Toronto.

Mr. Birshtein multiple and murky connections. The most damning is what appears to be a leaked 1996 FBI report, anonymously posted online, into Russian organized crime, and specifically a group known as the Semion Mogilevich Organization.Link 5:   https://www.theglobeandmail.com/canada/investigations/article-boris-birshtein-investigation/ 

I googled Semion Mogilevich Organization and found the leaked  FBI report online here;  https://data.occrp.org/entities/2573023 

Investigative reporter Mark MacKinnon tried to visit Boris only to receive a phone call from Gavin Tighe calling him to back off,  as noted here.Line 6: https://calgary.skyrisecities.com/forum/threads/premier-doug-fords-ontario.28523/page-294
Doug Ford's family's lawyer is Gavin Tighe. He now has a $667,000 job with Public Accountants Council.
Line 7:  https://www.huffingtonpost.ca/2018/09/06/ontario-pcs-hire-ford-family-lawyer-gavin-tighe-fire-senior-liberal-appointees_a_23519274/

I don't make the facts I just read old news here but the trail sure is interesting. 
Lulu 



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