
Moncton bank employees build Stanley Cup


Employees of Scotiabank on Main Street in Moncton have built a giant replica of the Stanley Cup that will be auctioned off for charity.
The cup was built in response to a national contest urging people to "Build Stanley." Their cup is three times the size of the original and stands over nine feet tall. It is built out of silver and nickel alloy and entirely covered with 20,000 nickels. It took over 500 hours to complete.
After the contest, the cup will be sold on EBay with all proceeds going to minor hockey in Metro Moncton.
The cup will be displayed for the media today at 10 a.m. at the Scotiabank at 780 Main Street.
Co-op to elect new board Friday
The Co-operative Enterprise Council of New Brunswick will elect its inaugural board of directors during a meeting in Moncton Friday, April 25.
The new council is the result of an amalgamation of Co-operators Insurance and Co-op Atlantic. The meeting will be held at 9 a.m. at the Crown Plaza Hotel in Moncton.
Seminar helps women resolve workplace conflicts
A one-day seminar designed to help women deal with difficult situations and resolve conflicts in the workplace will be held in Moncton June 24.
The workshop is for women only and presented by SkillPath Seminars of Kansas. Workshop leader Sherine Clarke says people deal with workplace conflicts in different ways, sometimes losing their temper or simply hoping it will go away. The workshop will teach strategies to deal with everything from minor disagreements to potentially explosive confrontations.
Registration for the seminar is $149 per person. For further information, call 1-800-873-7545, or visit the website at www.skillpath.ca.
Investment schemers penalized
The New Brunswick Securities Commission recently approved a settlement agreement with the operators of a pyramid-type investment scheme that was promoted in this province in 2006-07.
James Oagles, Jeannie Tracy, Ronald Fulton and their company, Wealth Pools International LLC were named in the settlement.
James Oagles agreed to pay an administrative penalty of $10,000 and $2,500 toward the costs of the commission's investigation. Tracey agreed to pay an administrative penalty of $2,000 and $500 for costs. Fulton agreed he would have been subject to a penalty of $2,000 had he not been bankrupt. The three individuals acknowledged their actions caused financial losses to the people they recruited into the scheme and they agreed to be permanently banned from trading in securities in New Brunswick.
The commission concluded the three did not intend to defraud their victims but they were involved in illegal activity and ignorance of the law was not an excuse. More than 109 New Brunswick residents had invested more than $440,000 in Wealth Pools.
The securities commission urges New Brunswickers who believe they are being solicited with questionable investment schemes to visit their website at www.nbsc-cvmnb.ca.
n The Cochrane Report appears each Wednesday and Saturday. Items for inclusion may be sent by e-mail to cochrana@timestranscript.com, or by fax to 589-4904.




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