Man behind investment scheme fled the country prior to the conclusion of his trial
The OSC ordered the four executives to pay $80 million in penalties and disgorgement
The respondent was deemed a “significant future risk” to capital markets
Alleged scheme misappropriated more than $1 million from clients
Central bank says it has “no connection to this scam”
Foreign exchange trading scheme raised money from four investors
Clients should report solicitations
Avoid mistakes by knowing the warning signs
U.S. court recognizes BCSC disgorgement order
The SRO commenced 136 proceedings in 2018, up from 121 in 2017