Oakville Newspapers

Oakville Beaver, 2 Jul 2010, p. 4

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www.oakvillebeaver.com · OAKVILLE BEAVER Friday, July 2, 2010 · 4 Get on the path to health. Fun & active adult health & fitness programs. www.ymcaofoakville.com Municipality of Halton www.halton.ca Accused Ponzi operator's assets up for auction What does an alleged Ponzi scheme operator do with his ill-gotten millions? In the case of the late Robert John Mander, he spent it buying expensive collectibles, including three Faberge eggs worth an estimated $15,000-$18,000 each, 12 expensive watches, and a $135,000 2010 Jaguar. Mander, a financial adviser who died at his Flamborough home on March 17, was accused of bilking his clients of $40 million. Mander, a former Oakville resident, who owned the Dunn Street Gallery, was at the centre of a lawsuit filed on behalf of a Mississauga dentist who alleged Mander swindled him and a group of investors out of millions in what is described as a potential Ponzi scheme. The sale of his assets, including various cameras and guitars, is unlikely to provide scorched investors with much comfort. The items are expected to raise several hundred thousand dollars, but most could end up going to cover the receiver's expenses. Even a former home on Lawrence Crescent in Oakville, which sold for $2.755 million, yielded just $639,000 once the mortgage, commissions and other expenses were paid, according to documents filed in court by the receiver, RSM Richter Inc. The auction will be held via PowerPoint presentation on Wednesday, July 7. Classic Car Show a classic at Colborne The Town of Oakville invites residents to view some automotive gems at the Classic Car Show hosted by the Sir John Colborne Recreation Centre for Seniors. "It's a popular event for not only car enthusiasts, but for anyone looking for a fun evening out," said Sharon Bee, recreation co-ordinator for the Town of Oakville. The Classic Car Show will be held on Thursday, July 8 from 6-9 p.m. in the parking lot of the Sir John Colborne Recreation Centre for Seniors located on Lakeshore Road at Third Line. In the event of inclement weather, July 15, will be the show's rain date. For information, contact the centre at 905-815-5960 or Julie Pennal, assistant coordinator at jpennal@oakville.ca. Air Quality Health Index. Protect Your Health. Know the Numbers. For your local reading, visit www.halton.ca/aqhi or www.airhealth.ca Remember to Drive SAFE this Canada Day Weekend With the Canada Day long weekend a few days away, we wanted to remind everyone to slow down and drive safe. With more Halton Region residents taking part in outdoor activities in the summer months, it is important that drivers observe the speed limit and share the road with pedestrians and cyclists. Halton Region and Halton Regional Police Service to promote road www.halton.ca/drivesafe. Halton Regional Meeting Schedule July 1 July 6 July 7 July 7 9:30 a.m. 9:30 a.m. 1:30 p.m. Offices Closed for Canada Day Health & Social Services Committee Planning & Public Works Committee Meetings can be viewed at www.halton.ca Gary Carr Regional Chair 01/020710 Please let us know as soon as possible if you will have an accessibility or accommodation need at a Halton Region hosted event or meeting. 1151 Bronte Road, Oakville, Ontario L6M 3L1

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