Maple syrup heist Canada

2022 - 3 - 31

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Image courtesy of "Daily Sabah"

Ringleader of maple syrup heist fined $7M by Canada's top court (Daily Sabah)

Richard Vallieres, who was among the 16 people arrested by police, was found guilty of fraud, trafficking and theft and sentenced to eight years in prison and ...

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Image courtesy of "Forbes"

Ringleader Of 'Great Canadian Maple Syrup Heist' Ordered To Pay ... (Forbes)

Thieves made away with about 9500 barrels worth of syrup from the Global Strategic Maple Syrup Reserve before being discovered in 2012.

It was quickly discovered some barrels were empty, while others that were drained of syrup had been refilled with water. The crime was uncovered in summer 2012 after an inspector climbed onto a stack of maple syrup barrels, which weigh nearly 600 pounds, and almost toppled over. The Canadian Supreme Court on Thursday ordered the convicted ringleader of an early 2010s scheme that made off with about one-eighth of Quebec's strategic maple syrup supply to pay a fine of more than 9 million Canadian dollars ($7.2 million), after leading one of the biggest known heists in Canada's history.

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Image courtesy of "CTV Montreal"

Sweet justice: Ringleader of Canada's notorious maple syrup heist ... (CTV Montreal)

The Supreme Court of Canada has upheld a $9 million fine for the thief in a 2012 maple syrup heist.

7 hr ago 7 hr ago 7 hr ago 7 hr ago 7 hr ago 7 hr ago Experts say dangerous warning signs are missed in parents who could harm or kill their child. What's happening in Ukraine: President Volodymyr Zelenskyy said Ukrainian troops retaking areas around Kyiv and Chernihiv are not allowing Russians to retreat without a fight, but are 'shelling them. "Mr. Vallières must pay a fine equal to the value of the stolen syrup. The Quebec Superior Court first ordered Vallières to pay nearly $10 million in fines over 10 years, and the Court of Appeal then lowered the fine to $1 million. Though the stolen syrup was worth over $18 million, during the trial in Quebec Superior Court, he said he sold the syrup for $10 million and made a personal profit of about $1 million. The 2,700 tonnes of syrup, stolen from the Federation of Quebec Maple Syrup Producers, was worth about $18 million.

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Image courtesy of "BBC News"

Canada's Supreme Court upholds C$9m fine on maple syrup thief (BBC News)

Nearly 3000 tonnes of maple syrup was stolen in the so-called Great Canadian Maple Syrup Heist.

The ruling overturns a decision by the Quebec Court of Appeal to reduce his fine to just C$1m - equivalent to what Vallières says he pocketed. The Canadian province produces almost three-quarters of the world's maple syrup. It was empty.

Man behind Canada's maple syrup heist ordered to pay $7 mln fine (National Post)

The man behind a decade-old maple syrup heist, the subject of an episode of Netflix's “Dirty Money” show, will have to pay C$9-million ($7.2 million) in ...

Last year, maple syrup producers started releasing more than half of the reserve to ease a syrup squeeze as the pandemic boosted demand as more people started eating at home. Article content Article content

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Image courtesy of "RTE.ie"

Man fined €6.5m over 'great Canadian maple syrup heist' (RTE.ie)

The man behind a decade-old maple syrup heist will have to pay a C$9m (€6.5m) fine, Canada's top court has said, upholding an earlier ruling by a lower ...

Canada is the largest exporter of maple products, and Quebec holds the world's only strategic reserve of the sweet topping. Richard Vallieres, who was among the 16 people arrested by police, was found guilty of fraud, trafficking and theft and sentenced to eight years in prison and fined over C$9m by the Quebec Superior Court. A group of people in the province of Quebec siphoned off maple syrup worth over C$18 million from a reservoir and replaced it with water, before authorities discovered the robbery in 2012, in what has been dubbed the "great Canadian maple syrup heist".

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Image courtesy of "Globalnews.ca"

Key figure in Quebec maple syrup heist ordered to pay $9M in fines (Globalnews.ca)

The Supreme Court says Richard Vallières must pay a fine equal to the value of the stolen syrup. He has 10 years to pay the fine, failing which he will ...

The judges said Vallières did not prove at trial or on appeal that there was a risk of double recovery. The stolen syrup was worth more than $18 million, but Vallières said during his trial that he had sold it for $10 million and made a $1-million profit. The Supreme Court said Quebec’s Court of Appeal was wrong to reduce his fine to $1 million.

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Image courtesy of "USA TODAY"

Maple syrup heist mastermind must pay $9 million fine for stealing ... (USA TODAY)

The heist, tons of the sugary substance with an estimated worth of $18 million, was so large that it put a dent in the global supply of maple syrup.

Quebec produces more than 70% of the world's maple syrup, Bloomberg reported. An appeals court in 2020 then reduced the fine to $1 million. He was sentenced to eight years in prison and fined more than $9 million.

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Image courtesy of "National Post"

Man behind Canada's maple syrup heist ordered to pay $7 mln fine (National Post)

The man behind a decade-old maple syrup heist, the subject of an episode of Netflix's “Dirty Money” show, will have to pay C$9-million ($7.2 million) in ...

Last year, maple syrup producers started releasing more than half of the reserve to ease a syrup squeeze as the pandemic boosted demand as more people started eating at home. Canada is the largest exporter of maple products, and Quebec holds the world’s only strategic reserve of the sweet topping. Man behind Canada's maple syrup heist ordered to pay $7 mln fine Back to video

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