After being charged by TICO, Sakthivel Suppiah, an officer and director of Skypride Travel and Tours, pleaded guilty and was convicted on one count of failing to hold customer funds in a designated trust account.
Suppiah’s actions were contrary to Section 31(2) and Section 31(1)(c) of the Act, and in respect of Section 27(6) of Regulation 26/05 to the Act.
The Court sentenced Suppiah to probation for two years, including 200 hours of community service to be completed on or before June 12, 2020, and a restitution order of $25,142 to the Ontario Travel Industry Compensation Fund. The total amount is to be paid on or before June 12, 2020.
Go to www.tico.ca for more.