The Star – Boaz Manor, convicted of defrauding thousands of investors in a Toronto-based hedge fund once worth $800 million, has been sentenced to four years in jail. The sentence was handed down Wednesday morning by Justice Ian Nordheimer of the Ontario Superior Court of Justice.
It nearly puts an end to a six-year-old saga involving what was once Canada’s biggest hedge fund, the country’s largest life insurance company, a tangled web of offshore bank accounts, an extended stay in Israel, and nearly $9 million in diamonds that have never been recovered.
