Hitender Sharma was shocked to discover that someone had altered his holding company’s corporation record to exploit its mortgage-free commercial property for cash, sparking concerns about the security of business records in Ontario. This incident, along with a few others, has shed light on potential vulnerabilities in the system, prompting calls for increased safeguards to protect valuable assets and prevent fraudulent activity. Sharma’s case serves as a cautionary tale for businesses to remain vigilant and take proactive measures to secure their corporate records and assets from unauthorized tampering.
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Some Canadian permanent residents will have to post a US$15K visa bond to enter U.S. Here's what to know
The U.S. State Department's new visa bond program, effective August 20, requires certain visitors, including some Canadian permanent residents, to post a bond between US$5,000 and US$15,000 when applying for a B-1 or B-2 visa, with entry limited to Boston Logan, JFK, or Washington Dulles airports. This program, part of efforts to curb illegal immigration, currently affects only visitors from Malawi and Zambia, while Canadians are exempt unless they hold passports from countries on the...
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