immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Canada: Nathan Jacobson

Nathan Jacobson: Nathan Jacobson, a prominent businessman in Canada and Israel, was led through Pearson International Airport in handcuffs on Wednesday before being put on a flight to San Diego, Calif., where he is expected to be sentenced to several years in prison for his role in an online pharmacy that sold drugs to people without proper prescriptions, according to CTV. In 2008, Jacobson pleaded guilty to laundering $46 million through his Tel Aviv company for payments linked to Affpower, his online pharmacy and Just a few weeks after surrendering to authorities in Canada, a millionaire philanthropist who admitted to money laundering was shipped back to the United States on Wednesday. In 2006, Jacobson was one of a dozen people named in a U.S. federal indictment for the scheme, which netted more than $120 million. (www.immigrantscanada.com). As reported in the news.