Victims of Ponzi scheme call for reopening of probe into offshore money transfers
Opposition parties support finance committee probe Before they halted their Isle of Man probe in 2016, members of Parliament on the finance committee learned the KPMG scheme was not only marketed to ultra-rich Canadians as a way to dodge taxes, but also as a way to keep money from potential creditors. An internal KPMG document, obtained by the finance committee, showed that the accounting firm promoted their scheme as a way for their wealthy clients to "protect" their assets offshore. There was "nothing [a] creditor/ex-spouse etc. can claim," KPMG said it would charge its clients a minim...
Source: cbc.ca