Salmon Arm man charged with fraud and violating BCSC order
Vancouver – A Salmon Arm man has been charged with fraud under the Criminal Code and violating the Securities Act for allegedly breaching an order of the British Columbia Securities Commission (BCSC).
Richard Robert Good was served a summons on March 27, 2019 to appear in Salmon Arm Provincial Court on April 9.
The BCSC issued a 2007 order and a 2009 variation on that order which, taken together, permanently prohibit Good from trading in securities unless the trading accounts are in his own name and the trading is for his own financial purpose.
The charges – defrauding an individual of more than $5,000 and failing to comply with a BCSC order by engaging in investor relations activities – arise from an investigation by the BCSC’s Criminal Investigations Branch.
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
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