Earl Jones, the Montreal financial consultant suspected of running a Ponzi scheme, is now in police custody and scheduled to appear in court July 28. It will be interesting to see what sentence the Canadian judicial system hands down. There seems to be a general cynicism that Earl Jones facesanything more than a slap on the wrist. Here are some online comments to that effect (from a CBC report):
Bison Hunter wrote: He’ll get a slap on the wrist and a reprimand from the judge. He’ll be out in a year!!
Newsmeister wrote: For all those wondering what possible form of justice could come from this, look no further than the other story on the front page of cbc.ca… “$158M scam earns 2-year sentence – a Toronto man is facing a two-year sentence in a federal penitentiary for his involvement in a fraudulent telemarketing scheme that generated an estimated $158 million over a 10-year period.”
GasBag wrote:If we don’t send murderers to jail in this country for more than 5-6 years, what are they going to give ol Earl?
Soylent Green wrote:Worldwide Judges Sentence: 1. US – Life in prison no chance of parole 2. China – Death by firing squad 3. Saudi Arabia – Death by beheading 4. Canada – One year probation and he must promise not to do it again. Oh and he gets to keep the money wouldn’t want to infringe on his Charter of Rights.
connel wrote:if he is found guilty he will get 1 year minimum security, while at the same time a dude found guilty of stealing $5000 will get 5 years in the pen white collar crime pays!
common55 wrote:So if Madoff got 150 years what will this guy get? This being Canada, 2 years of mansion arrest and parole for 3. Canada is a joke, just look around,
- Conrad (note: the US got him)
- Eagleson (note: the US raised the alarm)
White collar crime pays here