Attorney Donald Reid was convicted of bribery and sentenced to one year in prison. British Mortgage and Trust Company, which was a creditor of and an investor in Atlantic Acceptance, was rescued by the Ontario government. That intervention was considered the impetus for the creation of the Canada Deposit Insurance Corporation in 1967. Morgan's death Campbell Powell Morgan died of leukemia at the age of 56 in October 1966. He was survived by his mother Sarah and sisters Ruth & Dorothy. He also left his widow Mildred (53, died 1996), son Campbell Powell (23, died 1987), daughter Beverly Lu (28, died 2014) and grandson Andrew (4) -- all of Toronto. His grandchildren Christina, Randy, and Ryan would be born in 1971, 1975, and 1977 respectively, and all reside in Toronto. References Further reading Weekes, Irvine Duncan. "The Collapse of Atlantic Acceptance Corporation and the Effect on the Structure of Liabilities and Quality of Reporting of Canadian Finance Companies." University of British Columbia. 1968. Croft, Roger. "Swindle: A Decade of Canadian Stock Frauds." Gage Pub. 1975. Fraud in Canada Corporate scandals Financial services companies disestablished in 1965 Financial services companies established in 1953 1953 establishments in Ontario 1965 disestablishments in Ontario