Who blames Tony Accurso? While his family was targeted yesterday by another threatening criminal act, the fallen entrepreneur says he is in debt of more than $107 million, our Bureau of Investigation discovered.
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Tony Accurso’s daughter’s house, opposite her father’s, was completely destroyed early yesterday morning. The police do not want to advance on the causes of the fire, but indicated that traces of accelerant were found on the spot.
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Since this summer, this is the fourth criminal event to target this usually peaceful residential area, in Deux-Montagnes on the North Shore of Montreal. Another suspicious fire and several gunshots were reported there.
Photo QMI Agency, Maxime Deland
The fire at Tony Accurso’s daughter’s home broke out shortly before 3:30 a.m. Tuesday morning. The house burst into flames and the roof collapsed.
Certainly, behind the scenes, Tony Accurso says he owes a lot of people a lot of money. He recently took steps to settle with his creditors under the Bankruptcy and Insolvency Act.
According to documents that we have consulted, Accurso quantifies its debts at $107 million, against assets of just under $10 million.
The man who once owned a business empire with an annual turnover of almost $1 billion had already protected his companies from their creditors in 2020.
This time, the steps taken by the entrepreneur under the Bankruptcy Act are made on a personal basis.
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Million dollar wine cellar
According to its trustee Raymond Chabot, Accurso claims to own two residences in Deux-Montagnes, which together are worth nearly $7.9 million. He also has a wine collection estimated at $1 million.
These luxury goods, however, pale in comparison to the impressive debts of the former construction magnate.
For example, Accurso indicates that it owes $51 million to revenue agencies in Quebec and Canada, $34 million to the City of Montreal and $13.5 million to the City of Laval.
Photo QMI Agency, Pascal Girard
He is no longer even able to pay his municipal taxes to the City of Deux-Montagnes, as well as his school taxes.
LIVE WITH $50,000 a month
His financial difficulties, according to him, are due to “government contributions” which he has also contested, as well as “several lawsuits for alleged fraud, collusion and corruption related to obtaining certain contracts”.
He says he needs about $50,000 a month to live on.
At the same time, Accurso was sentenced to four years in prison for having participated in a fraudulent scheme led by the ex-mayor of Laval Gilles Vaillancourt, a sentence against which he is currently attempting a final appeal to the Supreme Court.
– With the collaboration of Philippe Langlois
Repeatedly bullied
Since this summer, threats have continued to accumulate against the family of Tony Accurso and their residences located in the same area of Deux-Montagnes.
- At the beginning of July, a vehicle was the target of an arson attack in front of the residence of his son Giovanni.
- On August 24, the neighboring residence was the target of gunfire. Casings were found on the ground, and projectile impacts were visible on the building and on vehicles.
- Two days later, in the middle of the night, about ten shots reached the residence of Accurso’s son.
- On the night of Monday to yesterday, the residence belonging to the daughter of Tony Accurso, Lisa, was ravaged by a suspicious fire. No one was injured as the house was unoccupied.