The Ontario Securities Commission today approved a settlement reached by staff of the commission and psychic Fran Harvie.

Harvie illegally distributed shares in Lydia Diamond Explorations of Canada Ltd. She illegally raised over $1 million dollars from Ontario investors. She was paid commissions of $95,000 in cash and shares.

Harvie provided psychic consulting services to Jurgen and Emilia von Anhalt, both of whom are officer and directors of Lydia Diamond. Overtime, Harvie told acquaintances of hers about Emilia and Lydia Diamond and over time Harvie introduced them to Emilia.

Between August 17, 1999 and July 28, 2000 Harvie sold shares to approximately 341 shareholders. These shares were issued in the name of Harvie but were held for the 341 shareholders. Harvie was advised by Lydia that holding the shares in this manner was permissible.

Between April 23, 2001 and May 10, 2001, Harvie introduced investors who purchased a total of 489,450 shares.

The Commission reprimanded Harvie and ordered that she be prohibited from trading securities for five years and from acting or becoming an officer or director of an issuer for five years.