One of the men was permanently banned by the OSC in 2008
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 rate of intentional deception is on the rise
The BCSC had applied to renew a $250,000 penalty before the limitation period expires
Daniel Reeve was found guilty of defrauding victims of $10 million through several Ponzi schemes
Scam artists may linger long after the storm has passed
Canadian citizens filed US$10 million in false tax refund claims with the IRS
Investment scheme fraudulently raised $200,000 from six investors, ASC alleges
Court orders defendants to pay more than US$1.1 million in penalties and restitution