Posted by & filed under Fraud.

Description: Suzanne Bergeron Stonehouse said “You just want to scream,” after she found out that Georges ‘Tiger’ Samman was handing out thousands of dollars to truckers participating in the protest in Ottawa. She and her husband have been trying for months to recover thousands of dollars they had paid on deposit to a contractor that never completed the contracted work. Samman had served as a vice-president of the firm, but has now moved on to become a social media personality – and a fund raiser of some renown – having raised over $100,000 for the truckers protest.

Date:  February 18, 2022

Source:  cbc.ca

 Link: https://www.cbc.ca/news/canada/montreal/georges-samman-ottawa-convoy-montreal-renovation-1.6355996

Discussion points:

1) Do you know anyone who has ever had a bad experience with a contractor on home repairs or rennovations?

2) What lessons does a story like this teach us for protecting our assets?

3) Illustration 7.2 in Wiley’s Financial Accounting: Tools for Business Decision-Making provides a graphic called the Fraud Triangle. What are the three elements of the Fraud Triangle?

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