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Norbourg Scandal
The Norbourg scandal is a major financial scandal that took place in 2005. The scandal involved the Montreal, Quebec based Norbourg Financial Group, a trust-fund company founded by Vincent Lacroix. He diverted money from a Norbourg trust fund for personal interests. Nearly 9,200 investors in Quebec lost millions of dollars. It is considered as one of the largest Canadian financial scandals in history and largest in Quebec. Origins The scandal came into light during the summer of 2005 after the '' Autorité des marchés financiers'' (AMF - "Financial Markets Authority"; the province's top financial regulator) discovered that C$130 million was missing from company accounts. The loss was initially estimated at C$70 million before a report by Ernst & Young revealed additional losses. On August 25, 2005, police raided the Norbourg headquarters office in Montreal as well as smaller offices in Quebec City and in the Eastern Townships region. After having its assets frozen, the company ceas ...
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Accounting Scandals
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms. Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement ...
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Stockbroker
A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks and other investments to financial market participants in return for a commission, markup, or fee, which could be based on a flat rate, percentage of assets, or hourly rate. The term also refers to financial companies, offering such services. Examples of professional designations held by individuals in this field, which affects the types of investments they are permitted to sell and the services they provide include chartered financial consultants, certified financial planners or chartered financial analysts (in the United States and UK), chartered strategic wealth professionals (in Canada), chartered financial planners (in the UK). The Financial Industry Regulatory Authority provides an online tool designed to help understand professio ...
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Financial Scandals
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ...
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Earl Jones (investment Advisor)
Bertram Earl Jones (born June 24, 1942) is a Canadian unlicensed investment adviser who pleaded guilty to running a Ponzi scheme that CBC News has reported cost his victims "a conservative estimate of about $51.3 million taken between 1982 and 2009". After pleading guilty to two charges of fraud in 2010, he was sentenced to 11 years in prison. After serving four years of his sentence, Jones was released on March 20, 2014. Early life Jones was born in Montreal on June 24, 1942, and was raised in the neighbourhood of Notre-Dame-de-Grâce. In his twenties, he worked at Montreal Trust Company, where he was trained in handling estate planning and wills. Beginning around 1979, he started his own investment advising business, though he did not register as a financial adviser with any securities regulator. Ponzi scheme The ''Montreal Gazette'' reported Jones promised modest, steady returns on investment similar to the scheme by American fraudster Bernard Madoff. However, Jones never inve ...
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Christine Beaulieu
Christine Beaulieu is a Canadian actress and playwright from Quebec. She received a Canadian Screen Award nomination as Best Supporting Actress at the 4th Canadian Screen Awards, and a Prix Iris nomination for Best Supporting Actress at the 18th Quebec Cinema Awards, for her performance in ''The Mirage (Le Mirage)'', and was again a Prix Iris nominee for Best Supporting Actress at the 24th Quebec Cinema Awards in 2022 for '' Norbourg''. She won the Gémeaux Award for Best Supporting Actress in a Comedy Series in 2020 for her regular role as Josiane in ''Lâcher prise ''Lâcher prise'', also known in English as ''Freefall'' or ''Let Go'', is a Canadian television comedy series, which premiered in 2017 on Ici Radio-Canada Télé.
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François Arnaud (actor)
François Landriault-Barbeau (born July 5, 1985), known professionally as François Arnaud, is a Canadian film and television actor. He is best known for his roles as Cesare Borgia on Showtime's period drama series '' The Borgias'', Manfred Bernardo on NBC's ''Midnight, Texas'', and Tommy Castelli on Lifetime's ''UnReal''. Early life Arnaud was born and raised in Montreal, Quebec. The first play he saw was 'Curano' at age nine. He was so inspired that he went home and tried to learn the monologues. He auditioned for drama school with a play called 'The Bull' written by a Canadian. In 2007, Arnaud trained at the Conservatoire d'art dramatique in Montreal. Career Arnaud started his career in his home country by landing a role in a comedy series called ''Taxi 0-22'' and guest starring in several other Canadian shows. He also starred as Antonin Rimbaud in the French-Canadian film ''I Killed My Mother'', directed by Xavier Dolan. Arnaud received a VFCC Award for Best Supporting Acto ...
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Vincent-Guillaume Otis
Vincent-Guillaume Otis (born April 13, 1978) is a Canadian actor from Quebec. He is most noted for his roles in the television series ''District 31'', for which he won the Prix Gémeaux for Best Actor in a Drama Series in 2018, and the film '' Norbourg'', for which he won the Prix Iris for Best Actor at the 24th Quebec Cinema Awards in 2022. He received two prior Jutra Award nominations for Best Actor at the 11th Jutra Awards in 2009 for the film ''Babine'', and Best Supporting Actor at the 16th Jutra Awards in 2004 for '' Gabrielle''. He is married to actress Éveline Gélinas Éveline Gélinas is a French-speaking Canadian actress who grew up in Saint-Boniface, Quebec, near Shawinigan. She was born in 1974 and graduated from Séminaire Sainte-Marie in 1991. She was nominated for a Genie Award for Best Supporting A ....Aurélie Bolduc"Vincent-Guillaume Otis et sa conjointe Éveline Gélinas bientôt réunis au petit écran dans District 31" ''HollywoodPQ'', August 25, 202 ...
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Maxime Giroux
Maxime Giroux (born 16 April 1976) is a film director from Quebec, Canada. Giroux was born in Montreal, Quebec. He has directed several short films, videoclips and commercial videos. In 2006, his film '' The Days (Les Jours)'' won the prize for best short film at the Toronto International Film Festival, and in 2007 his film ''Red (Le Rouge au sol)'' won the award for Best Live Action Short Drama at the 27th Genie Awards. His videography includes music videos for Sam Roberts, Sarah Harmer, The Dears, Pilate, Louise Forestier, Corneille, Marc Déry, Les Cowboys Fringants and Vulgaires Machins. In October 2007, he began working on his first feature film, '' Tomorrow (Demain)'', which premiered at the Torino Film Festival in 2008 before going into commercial release in 2009.Charles-Henri Ramond"Demain – Film de Maxime Giroux" ''Films du Québec'', January 5, 2009. In 2014, he directed '' Félix et Meira'', which premiered at the 2014 Toronto International Film Festival, where it w ...
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Norbourg (film)
''Norbourg'' is a Canadian drama film, directed by Maxime Giroux and released in 2022.Élizabeth Lepage-Boily"Vincent-Guillaume Otis brille dans la nouvelle bande-annonce de Norbourg" ''Showbizz'', December 14, 2021. A dramatization of the real-life Norbourg scandal of 2005, the film stars François Arnaud as company president Vincent Lacroix, and Vincent-Guillaume Otis as vice-president Éric Asselin. The cast also includes Christine Beaulieu, Alexandre Goyette and Guy Thauvette. The film was slated to premiere on February 5, 2022, at the Festival Vues dans la tête de... film festival in Rivière-du-Loup, Quebec; however, due to the organizers' decision in January to cancel the planned in-person screenings and shift to an online model in light of the continued COVID-19 pandemic in Quebec The COVID-19 pandemic in Quebec is part of an ongoing global pandemic of coronavirus disease 2019 (COVID-19), a novel infectious disease caused by severe acute respiratory syndrome cor ...
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Voir
''Voir'' was a francophone alternative weekly newspaper in Montreal, Quebec, published by Communications Voir. ''Voir'' was founded by Pierre Paquet in November 1986. The first issue of the newspaper was published on 27 November 1986. Later on the newspaper developed various local issues with more targeted content. In 2013, the newspaper dropped from weekly to biweekly publication. On April 29, 2015, it was announced that all shares owned by Paquet were purchased by a group of buyers composed of XPND Capital, a Quebec-based private equity firm, and two members of ''Voirs management team, Michel Fortin and Hugues Mailhot. Starting 2016, it commenced publishing as a free monthly magazine. In February 2019, the owners Mishmash Média announced that it was discontinuing the monthly paper edition to concentrate on the digital online edition. The paper format however may be used occasionally and very selectively on certain special issues and supplements of the publication. Chain Th ...
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Daddy Goes Ptarmigan Hunting
''Daddy Goes Ptarmigan Hunting'' (french: Papa à la chasse aux lagopèdes) is a Canadian drama film, directed by Robert Morin and released in 2008. The film stars François Papineau as Vincent Lemieux, a wealthy financier on the run after facing fraud charges, who is driving through remote northern Quebec and recording a video message for his daughters. The film was shot in the Baie-James region of Quebec over 10 days."Papa à la chasse aux lagopèdes : Make money, salut bonsoir!"
'''', November 20, 2008.
The lead character was based on Vincent Lacroix, the Montreal financier implicated in the
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Robert Morin
Robert Morin (born May 20, 1949) is a Canadian film director, screenwriter, and cinematographer. In 2009, he received Governor General's Award in Visual and Media Arts. Biography Robert Morin is known for his very personal, dark, and pessimistic "interior views" of family, crime, law enforcement, and human suffering. He studied Literature and Communications and in 1971 began to work as a cameraman, joining ORTQ in Rimouski, where he directed films and videos. In 1977, with a group of friends and colleagues, Morin founded La Coopérative de Production Vidéo de Montréal, where he continues to produce his own work. After creating close to 30 short films with his colleagues over 10 years, he directed his first feature-length film ''Tristesse modèle réduit'' in 1987. His film ''Requiem pour un beau sans-coeur'' was nominated for the Genie Awards for Best Motion Picture and Best Director. Filmography Feature films *''Scale-Model Sadness (Tristesse modèle réduit)'' - 1987 *'' (L ...
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