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New charges approved against Vancouver man following BCSC investigation

December 18, 2018

Vancouver – A Vancouver man who was recently arrested in Toronto has been charged with additional offences under the B.C. Securities Act.

Won Sang Shen “Craig” Cho is facing new charges of breaching an order of the British Columbia Securities Commission (BCSC), trading in securities without registration, failing to file a prospectus, and making misrepresentations, as described in Vancouver court file #253461-1.

Cho was arrested November 20 near downtown Toronto, following a joint effort by the BCSC’s Criminal Investigations Branch, the Ontario Securities Commission’s Joint Serious Offences Team and the Toronto Police Service. He was transported back to Vancouver, where he is being held in custody pending a bail hearing.

Cho had been awaiting trial earlier this year on 13 offences resulting from an investigation by the BCSC’s Criminal Investigations Branch. A warrant for his arrest was issued when he failed to attend for his trial in October. His next appearance on all charges is set for January 25.

About the British Columbia Securities Commission (www.bcsc.bc.ca)  

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

A securities market that is fair and warrants public confidence

A dynamic and competitive securities industry that provides investment opportunities and access to capital

Media Contact:
Brian Kladko

Public inquiries:
604-899-6854 or 1-800-373-6393 (toll free)

Learn how to protect yourself and become a more informed investor at www.investright.org

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