Comment
Author: Admin | 2025-04-28
Contained very little gold, the stocks collapsed, wiping out many investors and sparking a massive Ontario Securities Commission (OSC) investigation of mine financing in Toronto.Conviction and imprisonment[edit]The MacMillans were not charged in the Windfall scandal. However, the OSC investigation uncovered instances of wash trading. In 1968, MacMillan was convicted and jailed for eight months for manipulating the price of gold mining stocks on the Toronto Stock Exchange. After her release, MacMillan quietly returned to prospecting and mining ventures. In 1978, Viola MacMillan applied for and received a full pardon from the federal government.MacMillan spent the last few years of her life engaged in philanthropy. She donated $1.25 million to the acquisition fund of the Canadian Museum of Nature for the purchase of the "Pinch Collection". William Pinch, over the course of fifty years, had accumulated one of the world's most important mineral collections. It was purchased by the museum for $5 million in 1989. MacMillan also donated several Group of Seven art pieces to Rideau Hall.Being the single largest contributor to the museum's acquisition fund, the Canadian Museum of Nature named the "Viola MacMillan Mineral Gallery" in her honour.She was appointed a Member of the Order of Canada 21 October 1992. MacMillan received her investiture 21 April 1993.In 1991, Viola MacMillan became the first woman inducted into the Canadian Mining Hall of Fame.[3]MacMillan died 26 August 1993. The bulk of her estate was distributed to charities, universities, and hospitals in 1998. Members of her family received nothing.^ a b Ross,
Add Comment