Two brothers fined a total of $345,000
Two brothers, Kamran Shahid and Imran Shahid, have been fined $345,000. They sold universal life insurance to newcomers with little financial knowledge.
On May 2, Judge Mélanie Hébert of the Court of Québec, district of Montréal, ratified this penalty in connection with the penal proceedings instituted by Quebec financial sector regulator, the Autorité des marchés financiers (AMF).
by Hubert Roy May 24, 2019, 9:30 a.m.