06/06/2016 00:25 EDT | Updated 06/06/2017 01:12 EDT

Sentencing arguments begin for three men convicted in long running Cinar case

MONTREAL — Sentencing arguments are set to begin today for the three men convicted in a $120 million fraud case dating back more than 15 years.

A jury found Ronald Weinberg, John Xanthoudakis and Lino Matteo guilty of most of the charges they faced in a Montreal courtroom on Thursday.

Weinberg co-founded the Cinar animation company, which created popular children's shows such as "Arthur'' and "Caillou.''

The three men were charged with transferring funds from Cinar to the Bahamas nearly 20 years ago.

The long-running trial began in May 2014.



America Votes
The latest polls, breaking news and analysis on the U.S. election from HuffPost’s Washington, D.C. bureau