09:21:47 EST Wed 14 Jan 2026
Enter Symbol
or Name
USA
CA



Bank of Nova Scotia
Symbol BNS
Shares Issued 1,234,645,133
Close 2026-01-13 C$ 100.88
Market Cap C$ 124,551,001,017
Recent Sedar+ Documents

Globe says Scotiabank digital heist case nets jail time

2026-01-14 07:24 ET - In the News

The Globe and Mail reports in its Wednesday edition that an Ontario court is seeking the arrest of a Quebec man at the centre of a legal battle over a $9.8-million digital heist from FACTOR, the taxpayer-funded non-profit that feeds the Canadian music industry. The Globe's Josh O'Kane writes that the money disappeared from FACTOR's Bank of Nova Scotia account in June, 2024. On Monday, Ontario Justice William Black found James Campagna in contempt of court and sentenced him to 30 days incarceration, finding him "a liar, a fraud, and a scofflaw." Court documents show that Mr. Campagna is the sole shareholder of a numbered company (10426377 Canada) that does business as Vipera. In June, 2024, transcripts and screenshots show, he arranged a transaction for FACTOR to buy bitcoin-mining machines using documentation with incorrect contact information for FACTOR, which coincided with the $9.8-million transfer into Vipera's Scotiabank account. It is not clear who generated the invoice for the transaction. Most of the money was eventually converted to cryptocurrency and dispersed among many wallets. The court has not named anyone responsible for the theft, and no one has been charged. Mr. Campagna denies being behind the theft.

© 2026 Canjex Publishing Ltd. All rights reserved.