The BCSC says it has collected $4.8 million in penalties
Renee Michelle Penko will spend 30 days in jail
The man was arrested in November after he failed to appear at his trial
Higher fees secure funding needed for effective market oversight and investor protection, commission says
Compliance reviews are increasingly leading to enforcement action
The commission has temporarily prohibited the group from trading securities of 11 companies listed on the Canadian Securities Exchange
Fraudster preyed upon people’s lack of knowledge about investments
The founders of FS Financial Strategies allegedly deceived investors in the company of its financial condition
Ponzi scheme using promissory notes cause investor losses of more than $1.5 million
The BCSC had applied to renew a $250,000 penalty before the limitation period expires