A Canadian bankruptcy regulator has filed charges against the operators of an Ottawa snow removal company related to an allegedly fraudulent insolvency filing.
Roch St-Louis and former spouse Claire Johnson, operators of Ottawa Diamond Construction Inc., are facing charges in relation to their snow removal firm’s bankruptcy. Charges are being laid by the Integrated Bankruptcy Enforcement Unit, a joint force of the RCMP and the Office of the Superintendent of Bankruptcy, which enforces Canada’s Bankruptcy and Insolvency Act.
According to the IBEU, St-Louis and Johnson allegedly misappropriated more than $375,000 from their company’s account a few weeks before they declared personal and corporate bankruptcy. It’s also alleged that Ottawa Diamond Construction was not originally insolvent, but rather forced into bankruptcy by the liquidation – thereby circumventing the priority of the company’s creditors.
St-Louis and Johnson are scheduled to appear in the Ontario Court of Justice in Ottawa on Tuesday.