ASC orders Calgary man to repay $3.2M over failed investment scheme

ASC orders Calgary man to repay $3.2M over failed investment scheme

The Alberta Securities Commission has ordered a Calgary man to repay more than $3 million for his operation of a fraudulent, decade-long investment scheme. Vernon Ray Fauth, the founder and sole director of Espoir Capital Corp., must pay a $2.6-million …
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'14 tonnes of adulterated honey': Company and manager fined $370k for doctored mānuka products

An Auckland honey producer has been fined more than $370,000 for adding synthetic chemicals to 14 tonnes of doctored mānuka products in what is the first case of its kind in New Zealand. Evergreen Life Ltd was forced to recall 18 mānuka honey products …
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Authorities investigating suspected embezzlement of $859000 at Esperanza High School in Anaheim

District officials were notified of the “irregularities” in June 2018 shortly after the current finance director saw discrepancies in the accounting records,
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SpaceX raising over $300 million as new Ontario Teachers' tech fund makes its first investment

SpaceX is raising yet another round of funding, a month after completing its second fundraising of the year. The latest round, filed on Monday, seeks to raise $314.2 million at a price of $214 a share, according to a document seen by CNBC. The new equity …
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Chick-fil-A is America's No. 1 fast-food restaurant again. Parents love it and hate it

For the fourth year, Chick-fil-A has been named the nation’s top fast-food restaurant. The site of toddler birthday parties, kid play dates and easy meals-to-go, beat out every burger chain, according to the American Customer Service Index (ACSI). The ACSI …
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