B.C. Securities Commission fines 3 men for fraud
Three Metro Vancouver men have been banned from participating in financial markets and ordered to pay more than $1.5 million in penalties to the B.C. Securities Commission.
Source: bc.ctvnews.ca
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Three Metro Vancouver men have been banned from participating in financial markets and ordered to pay more than $1.5 million in penalties to the B.C. Securities Commission.
Three B.C. men defrauded investors of $600,000 – spending more than half of the money they obtained to finance a bogus battery business to repay personal debts, pay personal bills and make a slew of cash withdrawals.