Police allege pair filed a false prospectus, which led investors to lose millions
former Edward Jones advisor Harold Hee Jeen Ahn was fined $1 million by IIROC in 2011
RCMP allege man submitted fraudulent financial statements to Royal Bank
The ban reciprocates sanctions imposed by the BCSC after it found that Basi committed fraud
Victims were convinced to invest in a pool of funds to be traded in the foreign-currency exchange market
Cho ordered to pay $200,000 penalty
Former financial advisor pled guilty to fraud in June 2013
Matthew McGuire, national anti-money laundering practice leader with MNP LLP in Toronto, discusses the signs that an elderly client may be a victim of fraud. He lists the three most common indicators that a deal is fraudulent, and outlines the responsibilities of advisors in the event of a suspected fraud. McGuire spoke to Fiona Collie, web reporter with Investment Executive, at the TMX Broadcast Centre in Toronto.
Trading by Australian company led to losses of over 60% of the value of investors’ portfolios
The new guide is designed for consumer advocates, lawyers, counselors and others that help victims of financial fraud