Ontario Ministry of the Attorney General Notice: Civil Forfeiture Proceeding In the Matter of Rezwealth Financial Services Inc. et al.

Rezwealth Financial Services Inc. Matter - Claims Process
 

The Ontario Securities Commission (OSC) and the Civil Remedies for Illicit Activities Office (CRIA), Ministry of the Attorney General of Ontario (AGO), have entered into a Memorandum of Understanding, to exchange information and administer the Civil Remedies Act, 2001.

This Act allows the AGO to ask the court for an order to freeze, take possession of, and forfeit to the Crown, property that is determined to be a proceed or instrument of unlawful activity.

This notice relates to funds forfeited in relation to activity in contravention of the Ontario Securities Act that occurred between August 22, 2006 and December 31, 2009.

Victims of the specific unlawful activity that lead to this forfeiture may submit a claim for compensation.

This notice contains information about the claims process for funds forfeited in relation to a matter known as and/or related to the following companies or parties: Rezwealth Financial Services Inc. (Rezwealth), Tiffin Financial Corporation (Tiffin Financial), 2150129 Ontario Inc. (215 Inc.), 1778445 Ontario Inc. (177 Inc.), Sylvan Blackett, Willoughby Smith, Pamela Ramoutar, Justin Ramoutar and Daniel Tiffin.

Commission documents related to this matter are available on the OSC’s website here.

 

MINISTRY OF THE ATTORNEY GENERAL
Civil Remedies for Illicit Activities Office (CRIA)
Statutory Notice 564-17 made under Ontario Regulation 498/06
ATTORNEY GENERAL OF ONTARIO

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$68,528.00 IN CANADIAN CURRENCY (in rem)

 

This notice relates to funds forfeited in relation to activity in contravention of the Ontario Securities Act that occurred between August 22, 2006 and December 31, 2009.

The matter is also known as and/or related to the following companies or parties:  Rezwealth Financial Services Inc. (Rezwealth), Tiffin Financial Corporation (Tiffin Financial), 2150129 Ontario Inc. (215 Inc.), 1778445 Ontario Inc. (177 Inc.), Sylvan Blackett, Willoughby Smith, Pamela Ramoutar, Justin Ramoutar and Daniel Tiffin.

The above captioned civil forfeiture proceeding commenced under the Civil Remedies Act, 2001 has resulted in the sum of $68,528 being deposited into a special purpose account.

All individuals or other persons who have suffered pecuniary or non-pecuniary losses (money or non money damages) as a result of the unlawful activity that was the subject of the forfeiture proceeding are entitled to make a claim for compensation.

The Crown, a municipal corporation or a public body that is a member of one of the classes of public bodies prescribed in the regulation that suffered pecuniary losses as a result of the unlawful activity that are expenses incurred in remedying the effects of the unlawful activity are also entitled to make a claim for compensation.

All claims must comply with section 6 of Ontario Regulation 498/06 or they will be denied. Regulation 498/06 may be found at: https://www.ontario.ca/laws/regulation/060498.

To obtain a claim form or if you have any inquiries regarding your entitlement to compensation, please contact CRIA (North America wide) toll free at 1-888-246-5359 or by e-mail to [email protected] or by Fax to 416-314-3714 or write to:

Civil Remedies for Illicit Activities Office (CRIA)
Ministry of the Attorney General
77 Wellesley Street West, P.O. Box 555
Toronto, ON, CANADA M7A 1N3

All completed claims must refer to Notice 564-17 and be received by CRIA no later than 5:00 PM EST on May 18, 2018 or they will not be considered. Completed claims may be submitted either in writing to the above address or electronically to the above e-mail account or via fax.

You may not be eligible for compensation if you took part in the unlawful activity giving rise to the forfeiture proceeding. Even if you are eligible for compensation, your claim may be denied if you are unable to provide proof of your claim.