|NUESTRA SENORA DE ATOCHA. A Spanish ship sunk in 1622 is discovered in the 1970s by adventurer Mel Fisher, who claims it holds $400 million in gold. Historians suspect the number is closer to $20 million. Fisher’s heirs continue to dive the wreck.|
Thursday, August 28, 2014
Wednesday, August 27, 2014
|A Toronto real estate lawyer has been charged with 75 offenses after a condo development went bust — and more than $12-million in deposits disappeared from a trust account. Meerai Cho, 63, was handling investors’ money for a proposed 14-storey hotel and 30-storey residential tower, with some commercial space, in North York.|
The condo project fell through, but deposits to more than 140 people were not returned and the trust account is now empty, police say. Ms. Cho has filed for bankruptcy.
Thursday, August 14, 2014
"The brokerage's behaviour was both reprehensible and irresponsible."
|Why didn't CIBC World Markets go to the police as well? Why didn't they just settle with the Markarians in 2001 instead of forcing them through 5 years of hell?|
CIBC World Markets withdrew their appeal and paid the $1.5 million in punitive damages one month after the court decision.
Noonan and the lawyer never uttered a word to the elderly couple about Migirdic’s fraud or confession. Markarian, sixty-eight years old at the time, went into shock. At the end of the meeting, he was unable to stand up, and had to be helped out of the room. He could not speak for fifteen minutes, then began asking his wife, “Is it a dream, Alice? Is it true?” Once home, a doctor was called to his bedside.
See more at: http://maisonneuve.org/article/2010/09/6/incredible-true-story-mr-makarian/#sthash.bF9xEUaC.49esihtK.dpuf
"IN THE END, Migirdic turned himself in. Stressed by his growing web of deceit, he contacted Wood Gundy head Thomas Monahan in February of 2001 and admitted there were “problems” with certain accounts. Monahan told Migirdic to write down the details of the fraud, and Migirdic indicated he deceived Markarian about the documents he was asked to sign. When Migirdic met with his superiors, he reiterated that Markarian never knew he was guaranteeing the debts of perfect strangers."
- See more at: http://maisonneuve.org/article/2010/09/6/incredible-true-story-mr-makarian/#sthash.bF9xEUaC.dpuf
Wednesday, August 13, 2014
|Scythian golden pectoral from the royal grave at Tolstaja Mogila kurgan, 4 BC. It shows the three tiers of Scythian mythology: the Inner Earth, the Astral-Cosmic sphere and innermost the inhabited world.|
|The hoard contains gold, silver and ivory objects of exquisite workmanship and are dated to around 700 B.C.|