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Garth Drabinsky (left) and Myron Gottlieb (Mark Blinch/Reuters and Darren Calabrese/CP)
Garth Drabinsky (left) and Myron Gottlieb (Mark Blinch/Reuters and Darren Calabrese/CP)

Year in review

The top business scandals of 2011 Add to ...

<p>Diamonds, scrap copper, office supplies and glacier water shared an odd connection in 2011 - they all had a role in the year's top white-collar scandals.</p><p>Canadian police and securities regulators defied a reputation for being soft on white-collar crime in 2011, winning jail sentences in a number of long-running cases and announcing new charges in a slew of others.</p><p>Insider trading cases, notoriously difficult to detect and prosecute in the past, were a major theme this year as executives at public companies like Mega Brands Inc., Consolidated Thompson Iron Mines Ltd. and Grande Cache Coal Corp. faced accusations from securities regulators.</p><p>And as always, the details of the cases continued to be unpredictable and unique, affirming the adage that truth is stranger than fiction.</p>

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