Three brothers who’ve evaded jail terms for securities fraud in Alberta now have been handed permanent trading bans by the B.C. Securities Commission.

Kevin, Brian and Jason Boyle were sentenced in an Edmonton provincial court to terms ranging from six to 30 months in prison on a number of charges but failed to show up in court. Warrants are out for their arrest.

The three were also handed lengthy trading bans by Alberta regulators for raising $4.7 million from investors in the province on bogus securities.

In a decision released Tuesday, the B.C. Securities Commission now has banned the Boyles for life for bilking B.C. investors out of more than $300,000.

The Boyles’ whereabouts are unknown, the commission said, but they once had an address in Vancouver.

The order permanently bars the Boyles from buying or selling securities, or acting as directors or officers of any issuer and engaging in investor-relations activities.

The bans in Alberta ranged from 15 to 25 years.

“On the basis of the evidence of their past conduct in Alberta, we find that the Boyles represent a threat to investors in this province and that they cannot be trusted to comply with securities laws,” the commission panel said in its ruling.

The Boyles came to the attention of Alberta securities regulators in the late 1990s for their activities with a series of companies they controlled.

They were charged in 1998 with 13 breaches of the Alberta Securities Act and convicted in 2001 of trading in unregistered securities, failing to file a prospectus or trading reports and falsely claiming their securities would be listed on a public exchange.

Kevin Boyle was sentenced to 30 months in prison, Brian received 26 months and Jason six months. But they didn’t show up for sentencing.

The B.C. bans stem from the Boyles’ efforts to suck $219,000 and US$110,000 from would-be investors in Prince George and Vancouver.

The commission said several were friends and acquaintances that brought in other investors, some promised a return of 30% on their investment.