Waxman Pleads Not Guilty

Published: April 7, 2009 2:48 pm ET

Last Comment: April 13, 2009 9:06 am ET | 1 Comment(s) | Jump to Comments

Yesterday, horse owner Bob Waxman pleaded not guilty to seven counts of fraud and theft amounting to $28 million.

The Hamilton Spectator has reported that Waxman is accused of orchestrating a series of 80 fraudulent trades in copper cathode between 1996 and 1997. The trades, between Philip Services and companies in which Waxman allegedly had an interest, were worth a total of $28 million.

Click here to read the article in its entirety.

(With files from the Hamilton Spectator)