Pair ordered to cease trading for 15 years, disgorge US$1 million
Convicted fraudster ordered to pay $1 million penalty
The OSC says the charge relates to David Borg’s alleged role in selling shares of Enriching Pictures
Majestic, Suncastle fined, permanently banned
April Vuong and Hao also face criminal charges
Court rejects argument that the transactions in question were actually loans, not a scheme to sell securities
Andrew Leonard and his companies reprimanded, banned for 15 years
Quebec regulator seeking fines worth $1.7 million
Sherwood Financial Services funded its lending business through investors who lent money to the company
Quebec regulator alleges unregistered trading, illegal distributions