Yes. That's correct.
Some of our members are victims who lost, including Ms. MacDonald who appeared on The Fifth Estate with me, half a million dollars. She doesn't mind my saying so. She has stated that publicly.
They went to the ombudsman. They went to the AMF, the provincial securities commission. They went to the police. They went to the RCMP. They were told the same thing, which is that they may as well forget it. It's gone. There's no way to trace it. Especially at Raymond Chabot Grant Thornton.... I was one of the bankruptcy inspectors working on the file. In all our meetings, they just said we will recover what we can, but there's no way to recover it once it has left the country, especially if there's no agreement with these other countries.
I thought the money was probably in the Bahamas or some place like that, but now I suspect that some of it may have gone to the Isle of Man.
