Welcome Guest
Log In | Register )
You last visited December 8, 2016, 10:44 pm
All times shown are
Eastern Time (GMT-5:00)

Man fined $225,000 for role in lottery scheme

Insider BuzzInsider Buzz: Man fined $225,000 for role in lottery scheme

A White Rock, British Columbia, man who pleaded guilty to being involved in a direct-mail lottery scheme that brought in $47 million has been fined $225,000.

Tom Taylor, 60, participated in selling shares of lottery tickets to thousands of residents in the United States, Britain, Australia and New Zealand who sent in money for a share over a seven-year period ending in 2002.

In addition to the fine, Mr. Taylor, who was charged under lottery and gaming provisions in the Criminal Code, must perform 100 hours of community service.

Part of that community service will be talking to seniors about how to avoid being scammed by marketers, said Don Mercer, assistant deputy commissioner for the Competition Bureau of Canada's Pacific Region.

Operating under the names Canadian Lottery Buyers Association, International Monetary Funding, International Lottery Commission and Transworld Lottery Commission, victims were targeted and misled into believing that the promotions were affiliated with the government. In reality, they would have been better off purchasing lottery tickets directly from authorized vendors.

The victims will not be receiving any money back. Mr. Taylor pleaded guilty Nov. 15 in Surrey Provincial Court and was sentenced yesterday.

Mr. Taylor's company, Ravenshoe Services Ltd., was ordered to pay a fine of $1. Mr. Mercer said yesterday the relatively small fines compared to the monies scammed were the result of the judge's findings of what could be retrieved.

"We know that Mr. Taylor only got a fraction of the $50 million and the court said his company should have been given a $775,000 fine but there was no assets with the company."

Mr. Taylor, who is also banned from future lottery schemes, put up security through his mortgage to pay the fine over a three-year period, beginning with $75,000 in March of 2007.

His associate, David Stuckey, was found not guilty Nov. 17 after the court ruled it could not define whether the public included residents of other countries, Mr. Mercer said. A decision on whether to appeal that finding must be made within 30 days.

Globe and Mail

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

6 comments. Last comment 10 years ago by guesser.
Page 1 of 1
Raven62's avatar - binary
New Jersey
United States
Member #17843
June 28, 2005
49784 Posts
Offline
Posted: December 14, 2006, 9:38 am - IP Logged

This seems to be more like a slap on the wrist rather than Justice for the Victims!

A mind once stretched by a new idea never returns to its original dimensions!

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
    Member #1
    May 31, 2000
    23273 Posts
    Online
    Posted: December 14, 2006, 1:50 pm - IP Logged

    This seems to be more like a slap on the wrist rather than Justice for the Victims!

    I totally agree.

    This story is striking, in that it points out how those scammers got off almost scot free!  One of the guys had his case dismissed, and the other gets to pay his fine over three years, like a car loan.

    This is the punishment for ripping off USA citizens.  Lovely Canadian court system.

     

    Check the State Lottery Report Card
    What grade did your lottery earn?

     

    Sign the Petition for True Lottery Drawings
    Help eliminate computerized drawings!

      Raven62's avatar - binary
      New Jersey
      United States
      Member #17843
      June 28, 2005
      49784 Posts
      Offline
      Posted: December 14, 2006, 2:19 pm - IP Logged

      The person (Mr. Big) behind the ripoff didn't even get arrested and the Money was never Found (how do you hide $47,000,000?).

      A mind once stretched by a new idea never returns to its original dimensions!

        Tenaj's avatar - michellea
        Charlotte NC
        United States
        Member #17406
        June 18, 2005
        4053 Posts
        Offline
        Posted: December 14, 2006, 2:59 pm - IP Logged

        What?Seem like to me it should be a Fed crime that merits Fed time.

        takeemtothebank

          tiggs95's avatar - Lottery-036.jpg

          United States
          Member #47420
          November 4, 2006
          3930 Posts
          Offline
          Posted: December 19, 2006, 9:33 am - IP Logged

          I don't understand why people buy into this stuff when you have a state lottery in about every state??...Are they all senile??...

            guesser's avatar - Lottery-017.jpg

            United States
            Member #41383
            June 16, 2006
            1969 Posts
            Offline
            Posted: December 19, 2006, 11:04 am - IP Logged

            I don't understand why people buy into this stuff when you have a state lottery in about every state??...Are they all senile??...

            No, but try another 6 letter word that starts with 'S'.