Businessman In Bitter Dispute With Canadian Billionaire Over Failed Casino Deal Arrested In Dominican Republic

Businessman in bitter dispute with Canadian billionaire over failed casino deal arrested in Dominican Republic

A Canadian businessman embroiled in a bitter dispute with one of Canada’s wealthiest men over a US$112-million investment in Caribbean casinos has been jailed in the Dominican Republic, officials say. Glenn Lowson/NP/Files Billionaire Michael DeGroote was caught up in a bizarre case of a soured investment that drew in a cast if characters, including Montreal mobster…

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The Death Of Cable News

The death of cable news

Traditional television is taking its last breaths. According to the venerable Nielsen ratings firm, U.S. TV viewership dropped by 12% in January, compared to the same month a year earlier. That’s the eighth consecutive double-digit decline and certainly not the last. At the same time, Canadian ratings agency Numeris reports that TV viewership of NHL games…

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Canadian billionaire at centre of bizarre Mafia and fraud accusations after failed Caribbean casino deal

Canadian billionaire at centre of bizarre Mafia and fraud accusations after failed Caribbean casino deal

Glenn Lowson/NP/Files Billionaire Michael DeGroote is accused of consorting with mobster Vito Rizzuto. A bitter dispute over a US$112-million investment in Caribbean casinos has placed Michael DeGroote, one of Canada’s wealthiest businessmen, at the centre of bizarre accusations of Mafia exploitation, death threats and fraud. Mr. DeGroote, 81 – hailed as a self-made billionaire who was…

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In London’s Wealthiest Neighbourhoods, ‘Iceberg Homes’ – With Massive Mutli-Storey Basement Expansions – Will Soon Be Banned

In London’s wealthiest neighbourhoods, ‘iceberg homes’ – with massive mutli-storey basement expansions – will soon be banned

London – They emerged as a novel way for the rich and famous to expand their homes, but now multi-storey basements are set to be outlawed in one of Britain’s wealthiest areas. The London borough of Kensington and Chelsea has become the first local authority in the country to introduce restrictions on the controversial subterranean developments.…

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