Civil proceedings against former UM Financial CEO Omar Kalair and his associates have come to a close since prospects for recovery of expropriated money are limited even in case of a favorable judgment. However, the Royal Canadian Mounted Police and Of…
A man named Omar Kalair was told to rendezvous in the dead of the night in a deserted suburban parking lot and hand over a consignment of gold and silver bullion to achieve recognition on the debts of a secretive organization.
The bizarre payment of $2…
UM Group has discredited rumors of bankruptcy.
Omar Kalair, UM Group’s CEO, stated that the bankruptcy rumors were due to “confusion” around the winding up of one of its affiliated companies, UM Financial Inc. He added that other UM companies “continue…
UM Financial is planning an extensive launch of its ifreedomplus Mastercard within the next quarter.
CEO Omar Kalair stated that once the product was launched in Canada, UM Financial would expand into the European Union with the same product.
MARKETWATCH Top News