Judith Laiken

Ontario Securities Commission acts against Peter Sabourin

December 12, 2006

The Ontario Securities Commission has ordered a suspected fraudster and his associates to stop selling offshore investment products that have raised more than C$23 million from investors over the last five years.Peter Sabourin, a former school janitor, and his Sabourin and Sun group offered investors annual returns of up to 22%, according to the Commission.

Sabourin and Sun owes clients more than US$10 million

December 7, 2006

A Toronto-based group controlled by a former janitor that specialized in helping Canadians move their money offshore has collapsed owing more than US$10 million to at least 25 creditors.Details are contained in court filings at the Ontario Superior Court of Justice, where Sabourin and Sun is in litigation with Judith Laiken, an elderly client who claims to have been defrauded.

Peter Sabourin abandons indebted weight-loss business

May 25, 2003

Notwithstanding the fact that he weighs approximately 500 pounds, janitor turned offshore promoter Peter Sabourin has achieved the difficult task of disappearing - leaving behind a mountain of debt.Sabourin, a 43 year old Canadian national, abandoned his weight loss business

Insider Talking: October 31, 2001

October 31, 2001

More has become known about the re branding of the First Nevisian Group, which is now known as The FN Group, and the partial move from Nevis to the Dominican Republic, where its "strategic partner" is H. E. Partners, which

Elderly client claims Sabourin and Sun cleaned her out

June 30, 2001

A 61-year-old woman is suing Canada-based offshore provider Peter Sabourin to recover CDN$876,451 that was allegedly defrauded from her trading account, leaving her destitute.Judith Laiken claims that Sabourin, who is described in court filings as a former school janitor, wiped out her entire account within six months of it being opened in March, 1999.