CEO Conspiracy Update

A lot of people are coming to the site in search of info about the conspiracy accusations against a Toronto CEO.

Here's an update for them: Petraitis free on $3.15 million bail

Alex Petraitis, ex-chair of mag wholesaler Metro News was released from jail last Friday on $3.15 million bail.

Petraitis, his son Ian and James Neill each guaranteed $1 million toward the bail amount.

William Thomas Neill pledged $50,000 and Prologix Distribution Services president Mitch Massicotte pledged $100,000. Prologix is co-owned by Metro News and The News Group (a Jim Pattison firm).

Find a bit more half way down this page

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