MONTREAL -- The co-founder of the Cinar animation company has been given a nine-year prison term for his role in a $120-million fraud case.
Ronald Weinberg's sentence was handed down in a Montreal courtroom this afternoon.
Crown prosecutor Matthew Ferguson was seeking the maximum penalty of 10 years, while Weinberg's lawyer had told the judge she thought a more appropriate sentence would be five years.
Two former financial advisers are also being sentenced today after a jury convicted the three men earlier this month.
Cinar created popular children's shows such as "Arthur" and "Caillou."
The fraud occurred between 1998 and 2000.
