Molson Coors accuses ex-managers of multimillion-dollar fraud ‘scheme' [Yahoo! Finance Canada]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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Source: Yahoo! Finance Canada
In documents filed Wednesday in Ontario Superior Court, the brewing giant claims that Molson Coors Canada's former director of sales, Frank Ivankovic, oversaw "a complex scheme to defraud the company" that later involved two subordinates. The lawsuit, first reported by the Globe and Mail, alleges that Ivankovic approved fraudulent invoices from a pair of companies, which in turn funnelled secret payments back to him and his wife. It also alleges that those two companies are controlled by Firkin pub chain executive Larry Isaacs and his wife. Molson Canada says the invoices have drained $9.1 million from its coffers since 2021. None of the allegations have been proven in court. This report by The Canadian Press was first published Nov. 27, 2025. The Canadian Press
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- Ottawa and Alberta's energy deal, Canada's GDP and Molson Coors accuses ex-managers of fraud: Business and investing stories for the week of Nov. 30 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Molson Coors accuses ex-managers of multimillion-dollar fraud ‘scheme' [BNN Bloomberg (Canada)]BNN Bloomberg
- Why a world famous school for brewers is moving from Chicago to Montreal [Yahoo! Finance Canada]Yahoo! Finance Canada
- Molson Coors accuses Canadian staff of ‘complex' embezzlement scheme [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
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TAP
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