Cinar fraud case: Sentencing hearing for 3 men convicted

cinar 24india news

Sentencing arguments will be heard Monday for the three men convicted in the multi-million-dollar Cinar fraud case. Last Thursday a jury declared Ronald Weinberg, John Xanthoudakis and Lino Matteo guilty of most of the many charges they were facing for fraud.

The three men transferred $120 million from the animation company, founded by Weinberg, to secret funds in the Bahamas.

108 total views, 1 views today