The wife of the late king of the mafia usurious loan Roger Valiquette will not be entitled to the fortune of her husband, who died by bullets.
Diane Brazeau, the wife of Valiquette, knew very well what was involved in her husband and took an active part in what is described as a “scam”.
For this reason, it cannot oppose seizures made by a creditor on property held by the couple.
This is what Judge Aline UK Quach, of the Superior Court, determined in a decision rendered on January 7.
The judge declared the seizures made by the creditor 9185-4067 Québec inc. To be good and valid, notably on land in Laval and Pointe-des-Cascades and a luxury Mercedes AMG convertible.
A Mercedes SL63 AMG similar to the one seized by a creditor.
The amount owed to this company is $ 4 million.
“His credibility [de Brazeau] is heavily tainted. The judgments rendered by the Superior Court in various cases involving him are very revealing of his lack of credibility, ”said Justice Quach.
“She actively participated in the financial collapse of[une firme de Valiquette] and lead it to bankruptcy, ”said the judge. “The Tribunal is of the opinion that the significant transfers of funds that were [entre les compagnies du couple] constitute fraud, ”she adds.
A life of luxury
According to what emerges from the judgment, the Valiquette-Brazeau couple would have led until the assassination of the lender in 2013 a sumptuous life on the backs of investors. Valiquette borrowed from these and then lent to others at higher rates.
A witness testified during the trial that “the Valiquette-Brazeau couple led a life of luxury, owning among other things properties in Mexico, Florida, on Paton Island as well as a yacht”.
The couple’s yacht, the Momousse, sold for nearly $ 1 million in 2014.
“The notices of assessment from Brazeau and Valiquette show that they declared significant income from 2008 to 2012, thus allowing them to live lavishly,” said the judge.
Big income …
From 2008 to 2012, Brazeau never declared less than $ 400,000 per year. In 2012, she reported income of $ 626,000. A dividend of $ 425,000, tax-free, would have been paid in 2013 from a loss-making Valiquette firm to a family trust.
According to the allegations of Jean-François Bouchard, who worked briefly for Brazeau before going to work for a creditor, “the system established by Valiquette consists of a Ponzi scheme”. “The evidence shows that Valiquette was operating his business in a questionable manner and that he was linked to organized crime,” said the judge.