Bank of Montreal
For five years, Bank of Montreal failed to properly supervise an employee who facilitated the illegitimate transfer of securities.
Investigating and prosecuting cases of securities misconduct is essential to maintain the integrity of the securities industry in Canada. A cornerstone of our Enforcement program is ensuring that individuals and entities are held accountable for their misconduct. Learn about concluded CSA Enforcement matters and how they can help investors protect themselves from illegal investment schemes.
Showing results 1-8 of 8 Case Studies
Ashmit Patel, Zulfikar Rashid and Kilimanjaro Capital Ltd.
Shares of Kilimanjaro Capital Ltd. were heavily promoted in a deliberate pump and dump scheme to scam investors.
Alan and Jerry Braun, and Steven Maxwell (also known as Steven Fassman)
A pastor, his son and their associate persuaded two people to sink $450,000 into purported real estate investments. Find out how CSA members hold such perpetrators accountable.
Arnold Breitkreutz, Base Finance Ltd. and Susan Elizabeth Way
Base Finance raised $137 million by deceiving investors into thinking they were investing in mortgages rather than in a loan involved in oil and gas developments. Learn how the Alberta Securities Commission disrupted them.
Cem (Jim) Can, Charles Michael Miller and Bluforest Inc.
Pump and dump schemes cause significant harm to investors and capital markets. Learn how the ASC put a stop to an elaborate pump and dump.
Coinsquare Ltd., Cole Diamond, Virgile Rostand and Felix Mazer
Coinsquare Ltd., Cole Diamond, Virgile Rostand and Felix Mazer provided misleading statements to investors & retaliated against an internal whistleblower.
FS Group
CSA members work hard to investigate and enforce securities violations. Learn how BCSC took action to hold FS Group accountable for misleading investors.
HSBC Global Asset Management (Canada) Limited
CSA members work hard to investigate and enforce securities violations. Learn how the BCSC held HSBC Global Asset Management (Canada) accountable for not treating clients fairly.
Quadriga
Not sure how an old-fashioned fraud can be wrapped in modern technology? Learn about the OSC investigation.
Showing results 1-8 of 8 Case Studies