If you’re seeking to understand exactly what went on with the Ontario tire stewardship scandal, simply continue reading to discover a simple, easy to understand guide to the complex scandal.
Everything you need to know about the Ontario tire stewardship scandal:
1. Two of the executives of the tire recycling program found themselves in hot water
Two of the program’s former executives Frank Fragale and Perminder Kandola have been charged in a provincial court with stealing hundreds of thousands of dollars in eco fees, which they received from the sale of each tire purchased in Ontario, Canada.
One of the charges against Kandola alleged that Kandola transfered a lump sum of $346,565 from a tire employer, who paid eco fees on the tires which they imported, into a private account which Kandola then spent on personal expenses and luxury items.
Some of the expenses which online bank records show the men spent the money which they stole on, include fine dining, vacations, alcohol and secret political donations.
2. Both men are also being investigated by the Toronto Police
As well as being charged in provincial court, both former executives are also being currently investigated for fraud by the Toronto Police. As of the time being the case against both men is ongoing and no formal charges have been laid against the men by the Tornoto Police.
3.Customers paid over $50 million dollars as part of the highly criticised scheme
How did the Ontario tire stewardship scheme work? Effectively tire and rubber companies would charge customers eco fees, which would then be paid into the highly questionable Ontario tire stewardship scheme.
4. It is alleged that both Kandola and Fragile have paid back the money which they stole in full
One of the reasons why both former executives are unlikely to have to face prison sentences is that the two men have been thought to have paid back the amount which they each owe to the fund, in full.
However it’s highly likely that both men will be forced to pay fines for participating in illegal, fraudulent behaviour.
5. Both men’s lawyers have kept quiet about the case against their clients
Neither of the two former executive’s lawyers have spoken to the media bout their clients cases and have instead kept mum on the case. Perhaps in a bid to avoid their clients’ names from being dragged through the mud.
6. Fragale tried to anonymously return some of the money which he stole
Before the two men were caught stealing from the fund, Fragale attempted to anonymously return $200,000, which he stole. Either as a result of a last minute change of heart or as Fragale may have started to get nervous about getting caught committing fraud and stealing from a fund that he was meant to oversee. Which is a serious offence which could end an individual’s career as a trusted, well respected business.
Hopefully after reading the guide to the Ontario tire stewardship scandal above, you now feel fully informed about the shocking, high profile scandal.
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