Former Hollinger exec testifies at OSC hearing
Panel also to allow testimony from two other witnesses
Keith Summers sentenced to three years in jail after pleading guilty to fraud
$6.8 million raised from Londoni Gold investors
Two real estate developers raised $3.6 million by illegally distributing securities
Sandra Gale admits to breaching securities laws in selling Gold-Quest International securities
Six executives, including Canadians, face charges for operating a securities fraud and money-laundering scheme
Keith Summers fraudulently withdrew investors’ funds
Five former officers accused of lying to investors and misleading investigators by inflating the company’s assets and revenue
Investors were told that funds would be safe because they would be held in a notary trust account