Businessman killed in Toronto triple shooting defrauded hundreds of victims, netted at least $100-million, records show
A businessman shot dead in an altercation with a former client on Monday victimized hundreds of people through myriad enterprises that sparked three major police operations, netted at least $100-million and triggered dozens of lawsuits, according to interviews and court records.
For all that, Arash Missaghi seemed immune from consequence. His voluminous court records show no convictions, no jail time and no successful lawsuits against him in Canada, while providing few – if any – indications why criminal charges against him were withdrawn on multiple occasions.
His streak of impunity ended on Monday afternoon when one of his alleged victims, Alan Kats, penned a suicide note before confronting Mr. Missaghi at his Toronto office. A subsequent triple shooting left Mr. Missaghi and an associate, Samira Yousefi, dead. Mr. Kats took his own life, according to his widow.
Arash Missaghi, who was shot in an altercation with an alleged client, faced several multiyear investigations by police forces in different jurisdictions but the charges never stuck
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