Windsor Police Financial Crimes Unit Lays Charges for Misappropriation of SACW Funds
February 14, 2024
WINDSOR, ON – February 14, 2024 – The Windsor Police Service Financial CrimesUnit announced today that Dr. Sushil Jain, former President and Director of the South Asian Centre for Windsor (SACW), was arrested and charged with fraud, money laundering, and possession of property obtained by crime. The charges stem from an investigation into missing SACW funds, with $362,739 allegedly deposited into Dr. Jain’s personal bank accounts. The allegations against Dr. Jain have not yet been proven in court.
SACW’s board discovered financial irregularities when it obtained information about a SACW bank account operated by Dr. Jain several weeks after he resigned as SACW’s President on April 13, 2023. The board retained legal counsel to seek recovery of the missing money. Dr. Jain resigned as Director and the board also removed and replaced its Treasurer. When Dr. Jain refused to cooperate and provide an accounting for the funds he controlled, SACW immediately reported the matter to the Windsor Police.
SACW has implemented new financial controls to prevent future misconduct and is determined to recover the misappropriated funds,” said Dr. Fazle Baki, the current President of SACW. On February 6, 2024, new bylaws were adopted at the SACW special general meeting requiring two Board appointed signatories for every cheque or contract made on SACW’s behalf and Board approval for the opening of any SACW bank account.
SACW is represented by:
David Robins
Strosberg Sasso Sutts LLP
Email: drobins@strosbergco.com
Tel: 519.561.6215
