Newspaper article The Canadian Press

Sentencing Arguments Begin for Three Men Convicted in Cinar Fraud Case

Newspaper article The Canadian Press

Sentencing Arguments Begin for Three Men Convicted in Cinar Fraud Case

Article excerpt

Sentencing arguments in Cinar case

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MONTREAL - Ronald Weinberg is a good man who always put others first, his son Eric said Monday on the first day of sentencing arguments for his father and two other men convicted in the $120-million Cinar fraud case.

Weinberg co-founded the Cinar animation company, which created popular children's shows such as "Arthur'' and "Caillou," and his son said it is a loss for "millions of people" his father can no longer produce programs.

A jury found him, along with John Xanthoudakis and Lino Matteo, guilty last week of most of the charges they faced.

The jury ruled that Weinberg diverted Cinar funds to the Bahamas without authorization with the help of Xanthoudakis, the former head of Norshield, and Matteo, who used to run the Mount Real investment firm.

The fraud took place between 1998 and 2000. …

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