A. Farber & Partners Inc.

A. Farber & Partners Inc.
Farber Financial Group

Farber Financial Group

May 19, 2010 08:10 ET

Important Information for Investors Re: Swedish National Clearing, Horizon Investments, and Jacky Vaugier

Court Appointed Receiver to Investigate Alleged Fraud

TORONTO, ONTARIO--(Marketwire - May 19, 2010) - York Regional Police Major Fraud Unit previously issued a Media Release announcing their investigation of a complaint of an investment fraud in the City of Vaughan related to Swedish National Clearing and Horizon Investments.

It is believed that this matter affects more than 250 investors and as much as $14 million. To date, approximately 50 investors have come forward with losses claimed of approximately $5.6 million.

On May 14, 2010, the Honourable Justice Hoy of the Ontario Superior Court of Justice (Commercial List) granted a request from investors that A. Farber & Partners Inc. be appointed as Receiver over Swedish National and Jacky Vaugier in order to investigate, preserve, and recover assets resulting from the alleged fraud.

Bennett Jones LLP Fraud Law Group has been appointed as counsel to the Receiver.

Current information and documents can be accessed on the Receiver's website at www.farberfinancial.com under the heading "Current Engagements".

Anyone with information regarding the alleged fraud is encouraged to contact the office of the Receiver:

A. Farber & Partners Inc.
Member of Farber Financial Group
Wendy Marshall
416-496-3717
wmarshall@farberfinancial.com
 
Media Contact:
Jonathan Cooperman, HBA, CA•CIRP
Partner, Farber Financial Group
416-496-3702
jcooperman@farberfinancial.com

Farber Financial Group (www.farberfinancial.com), based in Toronto, Canada, provides specialized financial services which includes corporate insolvency & restructuring, with a particular expertise in forensic accounting and fraud investigations. The company is a member of Begbies Global Network (www.begbiesgn.com).

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