28 - Sunday, July 24, 1988 — North Shore News

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hoto Mike Wakefiald

WORKERS ARE seen lowering the giant ‘L" from the International Plaza Hotel’s sign on Marine Drive
in North Vancouver. The hotel closed last November but the hotel sign remained until recently.

lorth Van gir!

UNDER THE name of K.E.P.
Research Inc., thousands of people
across Canada have been promised
Bulova watches in return for their
participation in a national product
promotion, Other prizes partici-
pants supposedly have a chance to
win include a 1988 Ford Mustang
convertible. .

On the postcard, sent through
Canada Post, people are asked to
call a Toronto phone number to
receive complete details. Only
when they have spent the long
distance charges do people
discover the strings that are at-
tached. In order to receive the

watch, a purchase of $400 worth-

of vitamins must be made. If the
vitamin purchase is turned down,
there is no watch sent, nor a
chance to win any of the other
prizes. .

‘‘We have always warned people
about the ‘congratulations! you
have been selected ...’ kind’ of
promotion because there are

always conditions that must be.

met,’’ said Paul J. Tuz, president
4f the Better Business Bureau.
‘Sometimes people do not ask

enough questions and it is only
after their credit card number has
been given, and charges incurred,
that the full details become ap-
parent. By that time it is too late,
the damage has been done.
“According to our records, one of
the principals of K.E.P. Research
is Gerald Doren, now known as
Fred. Doren, who was fined a total
of $113,750 in 1980 and sentenced
to two years less a day for fraud,
and is the former head of the
Toronto-based Merchant Diamond
Group Ltd.

“The company was selling dia-
monds for substantially more than
their actual worth to people who
were told they would be a good in-
vestment. Unfortunately, when
people went to resell the diamonds,
often they could get only a fraction
of the price they had originally
paid for them!”’ said Tuz.

“*We have been aware of Doren
and his activities for over a decade,
so when the postcard ‘congratula-
tions!’ scheme surfaced, wé im-
mediately investigated the opera-
tion and requested action from the
Ministry of Consumer and Cor-
porate Affairs,” said Tuz.

wins dollhouse

Grossmann began building the
miniature homes when he retired.

From page 27

of vehicle, but had no idea the
demand would be so strong. In
fact if the demand is maintained,
we will have to add two or three
more vehicles just to keep up.”’

The order for the two new cars
follows an order of limousines in
1986 for 20 cars. The order repre-
sents the largest single order of
limousines ever placed by a single
company operating in Canada. ~

For more information call 669-
5466.

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SIX-YEAR-old North Vancouver
resident Alison McCann recently
won a deluxe Swiss-chalet style
dollhouse from Papa Aldo’s Take
& Bake Pizza Shop in Lynn Valley.

The dollhouse was constructed
by Bill Grossmann, the father of
Papa Aldo’s owner Marie McKay.

McCann’s name was drawn
from a barrel to win the house.
The three-storey, all-wood chalet
came with cedar shingles,
wallpaper and rugs.

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NORTH VANCOUVER’S B.C.
Playthings founder Pat Gallaher
has been selected by Brio Scan-
ditoy, the Swedish manufacturer
of Brio wooden trains, to sit on the
company’s product development
advisory committee.

The committee met in June in
Los Gatos, California, for a full-
day, in-depth evaluation of Brio
toys.

For more information call B.C.
Playthings, a retail and mail-order
fey company, at 985-6968 or 986-

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“Your Money Counts ...!”

A monthly commentary on economic and market
conditions that is informative and educational.

Write or call today for your free copy.

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1800 - 609 Granville Street
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Your money does matter

RICK SALES « DAVE JILES * PETER ROBSON
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(604) 669-1600

elnino en ne

In business today, effective management
teams are composed of team players
who provide and contribute select
specialized skills. One crucial role

is that of the Management Accountant.

Management Accountancy now
represents two-thirds of all accounting-
related positions, and continues to be
the fastest growing segment of the
profession in Canada. Only the RIA
designation specifically identifies
professionals trained as Management
Accountants.

Some local RIA’s include John Fedoruk,
Controlier, Telecom Business Group,
Microtel Ltd.: Don Hincks, Western
Regional Accounting Manager,
McDonald's Restaurants of Canada Ltd.;
Brian Kennedy, V.P. Administration and

Chief Financial Officer, B.C. Buildin
Corporation; Hana Carbert, Comptrolier,
Murchie’s Tea & Coffee Ltd.

Management Accountants are employed
as Accountants, Controllers, Vice-
Presidents of Finance and Chief
Executive Officers.

To earn the RIA Management
Accountant designation, candidates
must complete the academic
requirements of the Society's
Professional Program and have at least
two years of senior financial experience.
The Professional Program consists of
advanced management and accounting
courses specifically designed to train
“Chief Financial Officers” in industry,
commerce and government.

For information on the admission
requirements into the Professional
Program, contact the Director of
Education prior to August 26, 1988.

The Society of Management Accountants
P.O. Box 11548, 1575 — 650 West Georgia St., Vancouver, B.C. Y6B 4W7
Telephone: (604) 687-5891 Toll Free: 1-800-663-9646.

*CMA (Certified Management Accountant) is the designation used by members of the Society of Managenient
Accountants of Canada in all provinces and territories except British Columbia. Members of the Society
f

of Management Accoun

thts of British Columbia currently use the designation RIA pending

a change to make the designation consistent with their colleagues in the rest of Canada.