Michelle Dunk of Waterloo, Ont. has been charged with fraud, trading without registration, trading without a prospectus, and for violating a cease-trade order the Ontario Securities Commission (OSC) imposed in 2011.
Dunk was sentenced to 75 days in jail and two years of probation in April after she pled guilty to trading without being registered and violating an OSC order.
These latest allegations have not been proven. Dunk is slated to face these new charges at the Ontario Court of Justice in Kitchener, Ont. on July 12.
According to the OSC, an investigation by the Joint Serious Offences Team (JSOT) — an enforcement partnership between the OSC, RCMP and OPP — found that Dunk was involved in the sale and distribution of the unregistered securities of Rocky Point Energy between September 2012 and May 30 of this year.
“Further victims are believed to exist and are encouraged to come forward,” the OSC says in a release announcing the charges.
The previous charges against Dunk also stemmed from the sale of unregistered securities from a resources company, Hockley Energy. The OSC notes that she continues to be subject to a cease-trade order prohibiting her from trading.
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