Financial fraudsters will have to face longer sentences now that the federal government has passed part of its tough-on-crime legislation. Bill C-21 stipulates that white-collar criminals who commit financial fraud of more than $1 million face tougher sentencing.
Federal Justice Minister Rob Nicholson was in Montreal on Tuesday to announce the legislative change.
Judges now also have the power to consider aggravating factors in cases of fraud. For example, they can the age of the victims and the amount of money stolen.
That is welcome news to people like Joey Davis. His parents were defrauded by West Island fraudster Earl Jones.