BC financial advisor accused of fraud, took $330K from seniors | iNFOnews

Alvinder Singh Gill.

Image Credit: FACEBOOK: Alvinder Gill Sun Life Financial Advisor

July 22, 2023 – 6:00 PM

A BC financial advisor accused of fraud for taking $330,000 from a senior couple is still not facing criminal charges two and a half years after the regulator reported him to the police.

Former Abbotsford Sun Life financial planner Alvinder Singh Gill stands accused of setting up a company and then using fake documents as he took $329,625 from a retired couple over a nine-year period.

In 2020, when the couple


G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation

By Tetsushi Kajimoto

TOKYO (Reuters) -Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on Friday.

The G7 groups Britain, Canada, France, Germany, Italy, Japan and the United States.

“Support for Ukraine, MDBs (multilateral development banks) reform and international taxation will be discussed at this meeting,” Suzuki added. “We have no plan to issue a statement but we will lead debates to resolve problems of the world’s faces.”

Separately, the G20 under the chair of India will


Layer-2 DeFi Project Rodeo Finance Hacked for 472 Ethereum

Arbitrum-based Rodeo Finance has lost $888,000 in a recent attack.

A “Force Investment” hack was deployed, allowing the attacker to steal 472 Ethereum ($888,000). The wallet later sent 150 ETH into the Tornado Cash mixer, leaving 371 ETH remaining in the wallet.

The exploiter originally funded 50 ETH from Tornado Cash to execute the hack.

Arbitrum is a popular layer-2 scaling solution for the Ethereum network that uses optimistic roll-up technology.

Blockchain security firm PeckShield first highlighted the attack on Twitter with a link to the attack transaction commenting, “Hi, @Rodeo_Finance you may want to take a look.”

The attacker


Average funeral cost

The last thing anyone wants to worry about is how to finance a funeral when a loved one passes away. According to the National Funeral Directors Association (NFDA), the median cost of funerals with a viewing and burial was around $7,848 in 2021, while funerals with cremation cost a median of $6,971. With costs in all sectors continuing to rise, a life insurance policy could become more important than ever. Policies can be purchased in advance to help cover the cost of a funeral and relieve some of the stress on your grieving family.

Key takeaways

  • According to the National


Which Diet (way of eating) Is Best for Health and Longevity?

Proper diet undoubtedly promotes healthier aging and longevity. But what’s the right diet? A meta-analysis of diet studies proposes an answer. or more accurately, answers, based on diet-related biomarkers linked to disease and aging. Half of the studies were done in Europe, the rest from North America and Asia. The February, 2023, article was published in Nutrients. You can read the entire article online.

“….the main goal of this systematic review was to perceive the quantity and quality of different diets or aspects in nutrition, how they could modulate biomarkers and prevent aging-related diseases, in order to enlighten


Financials Lead US Stock Gains; Bonds Slide: Markets Wrap

(Bloomberg) — US stocks gained Tuesday as a rotation into financial shares bolstered hopes the breadth of the S&P 500’s recent rally might extend beyond technology soon.

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The benchmark index rose 0.2% as a decline in Apple Inc.’s stock took the air out of a tech rally, but shares of beaten-down regional banks were higher. The KBW Regional Bank index added 5.4% while the Russell 2000 gained 2.7%.

“It’s too early to say if this is bottom-fishing or a real bet that the most economically sensitive stocks — many of which are unprofitable — are the


GOLDSTEIN: Finance Minister Chrystia Freeland’s politics of the absurd

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It was the $43.9-billion question Finance Minister Chrystia Freeland refused to answer.

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‘ESG’ in US finance job titles comes with a 20% pay premium

By Isla Binnie

NEW YORK (Reuters) – US-based bankers and money managers whose job titles include “ESG” or “sustainability” earn on average around 20% higher base salaries than colleagues of the same seniority without those labels, according to analysis of salary data shared with Reuters.

More than $30 trillion in capital has been committed to environmental, social and corporate governance-related investments as the world looks to curb greenhouse gas emissions and companies face pressure on issues such as workplace diversity and social justice.

This has sparked a scramble to find bankers and asset managers for these roles, leading to higher