R. v.
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copyright 1997 Donald M Cameron, Aird & Berlis
The theft of "electronic funds" is theft under the Canadian Criminal Code.
Scallen transferred three million dollars electronically to arrange an improper corporate financing.
Although no money was taken, the Court held that s. 283(1) of the Criminal Code extended to 'anything' that was property and that it would be:
"... verging on the ridiculous to hold that a credit or deposit in a banking institution falls outside 'anything' and is thereby exempted in Canada from being stolen."(6)
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