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Over $ 100,000 of fines for Claude Martineau and Paul-André Bélisle

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6 September 2017, 09:45

In the month of April last, the judge, Dominique Slater of the Court of Quebec, district of Three Rivers, has imposed fines totalling $ 90,000, by against Claude Martineau and $ 18,000 against Paul-André Bélisle. This decision follows a prosecution brought by the Authority in 2015 and endorse the agreement reached between the parties.

Under the terms of the agreement ratified, Claude Martineau has pleaded guilty to seventeen counts of the indictment, the thirteen heads of the illegal practice of the activity of insurance representative, three charges of having contravened a decision of the administrative Tribunal of the financial markets, and a leader for having provided false or misleading information, on the occasion of the activities governed by the Act respecting the distribution of financial products and services. Note that, at the request of the Authority, a chief has been the subject of a withdrawal and a judgment conditional procedures has been delivered on six other counts.

For his part, Paul-André Bélisle has pleaded guilty to six charges of using the illegal exercise of the activity of insurance representative, so that the two heads have been removed by the Authority.

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