Public notice of administrative monetary penalties

Listed below are persons or entities that have been imposed an administrative monetary penalty. Notices will remain on FINTRAC’s public website for five (5) years.

Date Description
[ 2020-11-13 ] 9197-9195 Québec Inc., also operating as Apadana Forex, Bureau de change Apadana, Conseil investissement Apadana, and Consulting Investment Apadana, a money services business in Montréal, Quebec, was imposed an administrative monetary penalty of $206,250 on July 2, 2020, for committing three violations. The case is closed.
[ 2020-11-06 ] Loto-Québec, a casino in Montréal, Quebec, was imposed an administrative monetary penalty of $147,015 on February 28, 2020, for committing three violations. The case is closed.
[ 2016-05-11 ] Howell Investment Management Inc., a securities dealer in Etobicoke, Ontario, was imposed an administrative monetary penalty of $13,500 on March 11, 2016, for committing three violations. The case is closed.
[ 2016-04-05 ] Becksley Capital Inc., a securities dealer in Toronto, Ontario, was imposed an administrative monetary penalty of $28,500 on December 9, 2015, for committing three violations. The case is closed.
[ 2016-04-05 ] Diamond Exchange Toronto Inc., also operating as DiamondExchange.ca, Diamond Exchange Toronto, DiamondExchange CANADA, a dealer in precious metals and stones in Toronto, Ontario, was imposed an administrative monetary penalty of $12,750 on March 9, 2016, for committing three violations. The case is closed.
[ 2016-04-05 ] Victoria Jewellers Ltd., a dealer in precious metals and stones in Regina, Saskatchewan, was imposed an administrative monetary penalty of $13,500 on February 19, 2016, for committing three violations. The case is closed.
[ 2015-11-18 ] Services Financiers C.M. Inc., also operating as Services Financiers CM, a money services business in Montréal, Quebec, was imposed an administrative monetary penalty of $17,535 on July 27, 2015, for committing five violations. The case is closed.
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