According to the Globe and Mail, "John Xanthoudakis was arrested Tuesday morning at Montreal’s Pierre-Elliott-Trudeau airport, where he arrived on a flight from Bermuda.
"Mr. Xanthoudakis is the suspected mastermind behind the alleged fraud involving the animation company, which has been at the centre of a 10-year police investigation."
The Globe and Mail article goes on to infer some shocking ties between Cinar, Xanthoudakis, the Norshield funds and Montreal's Mafia.