Gottlieb Gets Day Parole

Former theatre mogul Myron Gottlieb has been given day – parole and will be transferred to a halfway house  in Toronto. But members of the parole board say they are not satisfied Gottlieb’s risk can be managed well enough to grant him full parole. Board member John Muise cites “deficits” in Gottlieb’s attitude toward his involvement in the fraud with Garth Drabinsky. They are the co-founders of now-defunct “Livent” and were convicted of two counts each of fraud in a scheme that cost investors about $500 million. Gottlieb took issue with the board’s characterization of his involvement in the fraud, based on the trial judge’s findings, insisting he didn’t become aware of it until August of 1997. The fraud was uncovered in 1998.