Fraudster in massive scam sends letter of apology to 9,200 victims

MONTREAL — The author of a $100-million white-collar scam has sent his 9,200 victims a letter of apology.

MONTREAL — The author of a $100-million white-collar scam has sent his 9,200 victims a letter of apology.

Vincent Lacroix shocked a courtroom this week by pleading guilty to 200 fraud-related charges — a sudden about-face after the trust-fund manager spent years insisting he was innocent.

The former head of Norbourg Inc. has sent a two-page letter to the TVA network bluntly fessing up to his misdeeds.

He says he’s devastated by the harm he’s caused.

Lacroix says he understands the anger and frustration directed his way, not only from his victims but also from the general public.

But he says he’s still puzzled that so much money was lost.

He says the missing money should be with the bankruptcy receivers and that it should be distributed to his former clients.

He insists he doesn’t have any money.

Lacroix concludes his letter by saying his children don’t want to be seen in public with him.

He says people can hit him if they want, but they can’t kill him, because he already feels dead.

Sentencing arguments in his criminal case take place this Friday.

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