Tuesday, 28 April 2015
Last updated 11 min ago
Nov 19 2007 | 1:05pm ET
Michael Mendelsohn, the co-founder of collapsed hedge fund Portus Alternative Asset Management, shocked a Toronto court today by pleading guilty to fraud charges.
Mendelsohn, who had previously avowed his innocence, entered the surprise plea at what was supposed to be a preliminary hearing this afternoon. He and co-founder Boaz Manor, who returned to Canada last week after more than two years on the run in Israel, were charged in September with defrauding investors and obstruction of justice.
Last week, Manor pleaded not guilty to the charges.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…