What's $1.5M between friends? Apparently a house arrest with a weekend curfew. Sweet deal, if you can get it.
...Coffin pleaded guilty to 15 of the 18 counts of fraud laid against him in September 2003. Under the plea agreement reached in May, he admitted to helping defraud the federal government of $1,556,625 between 1997 and 2002.
In August, he told a sentencing hearing that he had repaid $1 million to Ottawa by taking out a mortgage on his home, getting loans from friends and cashing in an RRSP.
I think Mr. Coffin should keep $556,625 left over. Oh, the poor man - the hardship that he has had to endure. (said tongue firmly in cheek)
Is this just the beginning of people not being held to account. I hope not - but I fear it is thus.
