Key Information:
Administrative Monetary Penalties
Public notice of administrative monetary penalties
Listed below are persons or entities that have been issued a monetary penalty where a Serious or Very Serious violation has been committed, or where the total penalty is equal to $10,000 or more.
| Date | Description |
|---|---|
| [2011-09-27 ] | Services Financiers C.M. Inc., a money services business in Montreal, Quebec, was issued a penalty of $9,500 on August 2, 2011, for committing four violations. Nature of violation |
| [2011-09-27 ] | Jory Capital Inc., securities dealer in Winnipeg, Manitoba, was issued a penalty of $28,500 on June 2, 2011, for committing four violations. Nature of violation |
| [2011-02-18 ] | Peoples Credit Union Limited, a savings and credit union in Innisfil, Ontario, was issued a penalty of $37,090 on February 2, 2011, for committing nine violations. Nature of violation |
| [2010-11-24 ] | Yasin Mohammad, also operating as CANPAK EXCHANGE, GREETINGS & GIFTS LTD., engaged in a money services business in Toronto, Ontario, was issued a penalty of $23,270 on October 7, 2010, for committing nine violations. Nature of violation |
| [2010-11-19 ] | Reza Eshghi, operating as Express Money Exchange, engaged in a money services business in Thornhill, Ontario, was issued a penalty of $3,190 on September 14, 2010, for committing one violation. Nature of violation |
| [2010-09-22 ] | Sutlej Foreign Exchange Inc., engaged in the business of a money services business in Mississauga, Ontario, was issued a penalty of $ 8,450 on July 26, 2010, for committing six violations. Nature of violation |
| [2010-09-22 ] | Nazar Singh Mangat, also operating as Manny Foreign Exchange Inc. and Manny Foreign X-Change, engaged in a money services business in Calgary, Alberta, was issued a penalty of $ 7,370 on July 23, 2010, for committing six violations. Nature of violation |
| [2010-05-07 ] | 1156907 Ontario Ltd., also operating as Fort Duty Free, engaged in a money services business in Fort Frances, Ontario, was issued a penalty of $ 6,000 on March 10, 2010, for committing three violations. Nature of violation |
| [2010-05-06 ] | Weagle Realty Ltd., a real estate broker that acts as an agent in respect of the purchase or sale of real estate in Smith Falls, Ontario, was issued a penalty of $6,750 on 23 November 2009, for committing three violations. Nature of violation |
| [2010-04-26 ] | Glaxy International Canada Ltd., engaged as a money services business in Mississauga, Ontario, was issued a penalty of $17,380 on March 1, 2010, for committing eight violations. Nature of violation |
| [2010-03-18 ] | Bharat Money Exchange Ltd., engaged as a money services business in Surrey, British Columbia, was issued a penalty of $36,100 on 23 November 2009, for committing 10 violations. Nature of violation |
| [2010-03-03 ] | Homelife Effect Realty Inc., engaged in the business of a real estate broker in Hamilton, Ontario, was issued a penalty of $27,000 on 12 January 2010, for committing four violations. Nature of violation |
| [2010-01-29 ] | Giant Express Inc., also operating as Gigante Express, engaged in a money services business in North York, Ontario, was issued a penalty of $3,000 on 10 November 2009, for committing one violation. Nature of violation |
| [2009-12-18 ] | Ghanaco Group Ltd., also operating as Ghanaco Financial Services, and engaged in a money services business in North York, Ontario, was issued a penalty of $4,320 on 23 November 2009, for committing one violation. Nature of violation |
| [2009-12-14 ] | SSCG International Trading Inc., is a money services business in Vaughan, Ontario, that was issued a penalty of $12,750 on 23 November 2009, for committing eight violations. Nature of violation |
| [2009-08-19 ] | A.M. Exchange Inc., also operating as A.M. Currency Exchange, and engaged in a money services business in North York, Ontario, was issued a penalty of $3,940 on 29 June 2009, for committing one violation. Nature of violation |
| [2009-08-19 ] | Lesbia Isabel Herrera, also operating as Envimaya, engaged in a money services business in Montreal, Quebec, was issued a penalty of $3,560 on 29 June 2009, for committing one violation. Nature of violation |