Quebec billionaire accused of paying minors for sex to sell Future Electronics for $5B

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Future Electronics, which Quebec's business registry lists as wholly owned by Miller, is a global distributor of electronics components that employs 5,200 workers across 47 countries.

Posted: Sep 14, 2023 1:36 PM EDT | Last Updated: 1 hour ago

Montreal billionaire Robert Miller, who faces a class-action lawsuit alleging he paid underage girls for sex, is selling his company Future Electronics Inc. for more than $5 billion to a Taiwanese semiconductor distributor. Co-founded by Miller in 1968, the Montreal-based corporation says it generated $2.9 billion US in revenue and $184 million US in profits in the first half of 2023.A class-action lawsuit against Miller and Future Electronics saw around 30 women come forward this year alleging he gave them money and gifts in exchange for sex when they were underage.

 

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