Montréal - On February 28, 2013, before the Court of Québec, Criminal and Penal Division, Micro-Prêts inc. and its officer Dominic Lacroix pleaded guilty to a total of six charges of illegal distribution, illegal practice and misrepresentations.

The Court ratified the parties' joint proposal and imposed a $25,000 fine in this matter.

The Autorité des marchés financiers (the AMF) is the regulatory and oversight body for Québec's financial sector.

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