Mr. Michael W. Millard- September 14, 2007
Disciplinary Summary
September 14, 2007
Complaint
A complaint was filed with the Association against Mr. Michael W. Millard of Prince George, BC that stemmed from his involvement with companies that operated a large automobile dealership. It was alleged that Mr. Millard and his associate participated in a cheque-kiting scheme to defraud a bank. The alleged kiting scheme resulted in a net loss to the bank of over $1 million. Mr. Millard was charged with one count of fraud in excess of $5,000, contrary to Section 380 (1) (a) of the Criminal Code of Canada. Mr. Millard pleaded guilty to the charge against him and was sentenced to a conditional sentence of two years less a day, to be served in the community.
Decision
The Discipline Committee concluded that the criminal conviction and the member’s guilty plea were sufficient evidence of the perpetration of the offence and of the breach of CGA-BC’s Code of Ethical Principles and Rules of Conduct (in accordance with Rules R607 Evidence of Professional Misconduct and R607.1 Criminal and Similar Offences) as follows:
- 1st Ethical Principle – Responsibilities to Society;
- 4th Ethical Principle – Deceptive Information;
- 6th Ethical Principle – Responsibilities to the Profession;
- Rule R101 Discredit;
- Rule R102 Unlawful Activity; and
- Rule R606 (a) Detrimental Actions.
Discipline Order
- expelled from membership effective September 14, 2007;
- fined $10,000; and
- assessed costs of $4,990.38.