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Former bank forex broker pleads guilty to
an early Edmonton bank manager, accused of defrauding his employer of $16 million and spending the money on a lavish lifestyle that included six mistresses, Pleaded guilty on saturday. "I plead guilt ridden, Nicholas Lysyk, 54, Who governed a Bank of Montreal branch in west Edmonton, Told courts,/p>
He was arrested in August 2002 and charged with 63 counts of fraud over $5,[link widoczny dla zalogowanych],000,/p>
The bank accused him of falsifying loans to make believe customers and spending the money on lavish houses, Classic convertibles and jewelry for himself and his estranged wife, boy, Soninlaw and six women with links to escort bureaus,/p>
Defence lawyers plan to argue that Lysyk experienced severe depression at the time,[link widoczny dla zalogowanych], legal court heard Monday,/p>
His wife Jennifer with whom he has since reconciled have also been charged, With closet of property obtained by crime,/p>
Officials have been able to trace only about onequarter of the missing money,/p>
almost everything Lysyk owned has been sold or auctioned off to repay it,/p>
The bank raised better than $1 million at a July auction that included: Cartier, Rolex and gucci timepieces. Highend your furniture,[link widoczny dla zalogowanych], Including eight kitchen tables. Twenty motor vehicles, Four passenger trucks, Three Jeep Cherokees and a clone of a rare 1971 Plymouth Barracuda Hemi collapsible that sold for $110,000. Fourteen sites that Lysyk owned or helped to buy are also being sold and the proceeds held in trust,/p>
While Chris Hadfield's stellar success in space may be inspiring other Canadians to dream of acquiring it orbit,[link widoczny dla zalogowanych], Opportunities seem few and far between unless astronauts are willing to be very patient or space tourists are very rich. The ethics commissioner says she will review Wright's payment as a possible conflict of interest. Over who knew about and who approved alleged bribes paid through a secret shipping system for projects in Africa and Asia. Voters didn't potray the script, But election night was no-doubt dramatic. Here's a look at some of why on offer for the stunning outcome for Christy Clark's Liberals. Over who knew about and who approved alleged bribes paid through a secret sales system for projects in Africa and Asia. The ethics commissioner says she will review Wright's payment as an conflict of interest,/p>
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