Kenneth Rijock

Kenneth Rijock

Monday, November 14, 2016

NORTHLAND WEALTH MANAGEMENT REFUSES TO TURN OVER FORGED INSTRUMENT FOR EXAMINATION


Paul Mascard of Northland
Northland Wealth Management, Inc., the defendant in a civil case, pending in Ontario Superior Court, has repeatedly refused to turn over, to plaintiff's counsel, a document that the plaintiff affirms is a feeble attempt to forge his signature. According to a source close to the case, the signature on the document, in the possession of Northland CEO Paul Mascard, is a forgery, and disputed documents examiners are ready to determine whether Mascard, the cashiered ex-president of Dundee Merchant Bank, Derek Buntain, or former Dundee Senior Vice President Sharon Lexa Lamb, forged the signature. They all had access to the document, which recites that it is a Dundee Bank instrument.

Sharon Lexa Lamb, Ryan Bateman and Derek Buntain

The matter, popularly known as the Cayman Gang of Four scandal, is believed to have as many as sixty victims, whose investment accounts were stolen, by Cayman Islands-based financial professionals, aided and abetted by Northland Wealth Management, and William Tynkaluk, a director at Leon Frazer & Associates, Inc.

William Tynkaluk of Leon Frazer
The questioned document, known as Exhibit A, is allegedly an exhibit to a contract between the plaintiff, retired Canadian attorney Lawrence Heath, and Northland Wealth Management, Inc., which was handling Mr. Heath's assets but Northland stubbornly, and without legal justification, arrogantly refuses to show plaintiff's counsel that document, which many not exist, a major violation of Canadian securities law.


Northland's utter failure to comply with the rules of procedure may cause it to suffer the entry of a default in the litigation, the award of costs, or the imposition of other sanctions. It may also spur the plaintiff, or the Court, to forward the matter for criminal prosecution, for the allegation is that millions of dollars of the plaintiff's retirement savings is missing, and Northland not only will not assist in the quest to locate the assets, it reportedly will not even reply to queries and correspondence from counsel; it has stonewalled all efforts to find the truth, which usually indicates that it is strictly liable, and is merely seeking to delay the proceedings further. This is what is known as bad faith conduct in litigation, and there are remedies for this type of misconduct.    

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