BCSC

Settlements

Kerry John Sawchuk [Sec. 144]

BCSECCOM #:	Document Type: Sec. 144
Published Date: 1992-03-06	Effective Date: 1992-03-04
Details:

IN THE MATTER OF The Securities Act, S.B.C. 1985, c. 83
AND IN THE MATTER OF Kerry John Sawchuk

Orders Under Section 144

W.D. Nesmith

March 4, 1992

ORDERS:-- WHEREAS it appears to the Superintendent of Brokers (the Superintendent") that:

1.		on April 18, 1991 an Information, a copy of which is attached as Exhibit "A", was sworn in Vancouver, British Columbia charging Kerry John Sawchuk ("Sawchuk") with criminal offences (the "Charges");
2.		the Charges relate to trading in securities in British Columbia;
3.		on June 6, 1988 the Superintendent of Brokers issued a Notice and Interpretation Note (NIN 88/11) regarding the effect of criminal litigation on trading rights and registration; and
4.		Sawchuk consents to interim orders under section 144(1)(c) and 144(1)(d) of the Securities Act, S.B.C. 1985, c. 83 (the "Act");

NOW THEREFORE the Superintendent, considering that it would be in the public interest to do so, orders that:

1.		pursuant to section 144(1)(c) of the Act, the exemptions described in sections 30 to 32, 55, 58, 80 and 81 of the Act do not apply to Sawchuk; and
2.		pursuant to section 144(1)(d) of the Act, Sawchuk is prohibited from becoming or acting as an officer or director of any reporting issuer

with the condition that Sawchuk may apply to the British Columbia Securities Commission for variation or revocation of these orders on fifteen days notice to the Superintendent.

W.D. NESMITH
Superintendent of Brokers

* * * * *

EXHIBIT "A"

CANADA:	PROVINCE OF BRITISH COLUMBIA
	PROVINCE DE LA COLOMBIE-BRITANNIQUE

This is the information of / Les presentes constituent la denonciation de Sgt. M.D. Slywchuk, a Peace Officer (the "informant" / le "denonciateur") (Occupation) of/de the Royal Canadian Mounted Police, Vancouver Commercial Crime Section.

The informant says that he has reasonable and probable grounds to believe and does believe that / Le denonciateur declare qu'il a des motifs raisonnables et probables et croit effectivement que

Count 1 ( )
KERRY JOHN SAWCHUK, between the 31st day of August, 1988, and
the 5th day of November, 1988, at or near the City of
Vancouver, in the Province of British Columbia, did by deceit,
falsehood or other fraudulent means defraud A.G. EDWARDS AND
SONS INC., of money, of a value in excess of one thousand
dollars ($1,000.00), contrary to Section 380(1)(a) of the
Criminal Code of Canada.

Count 2
KERRY JOHN SAWCHUK, between the 31st day of August, 1988, and
the 5th day of November, 1988, at or near the City of
Vancouver, in the Province of British Columbia, did by deceit,
falsehood or other fraudulent means defraud RICHARDSONS
GREENSHIELD OF CANADA LTD. of money, of a value in excess of
one thousand dollars ($1,000.00), contrary to Section 380(1)(a)
of the Criminal Code of Canada.

Count 3
KERRY JOHN SAWCHUK, between the 31st day of August, 1988, and
the 5th day of November, 1988, at or near the City of
Vancouver, in the Province of British Columbia, did by deceit,
falsehood or other fraudulent means defraud PACIFIC
INTERNATIONAL SECURITIES INC. of money, of a value in excess of
one thousand dollars ($1,000.00), contrary to Section 380(1)(a)
of the Criminal Code of Canada:

Count 4
KERRY JOHN SAWCHUK, between the 31st day of August, 1988, and
the 5th day of November, 1988, at or near the City of
Vancouver, in the Province of British Columbia, did by deceit,
falsehood or other fraudulent means defraud YORKTON SECURITIES
INC. of money, of a value in excess of one thousand dollars
($1,000.00), contrary to Section 380(1)(a) of the Criminal Code
of Canada.