Why B.C.'s securities watchdog is toiling to claim $430M in fines | CBC News

Retrieved on: 2024-03-05 17:00:55

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Why B.C.'s securities watchdog is toiling to claim $430M in fines | CBC News. View article details on HISWAI: https://www.cbc.ca/news/canada/british-columbia/bc-securities-commission-fines-unpaid-1.7133944

Summary

The article recounts the fraudulent actions of Ronald McHaffie, who deceived investors with a nonexistent ski resort, leading to asset forfeiture and disgorgement as penalties by the BC Securities Commission, highlighting the challenges in enforcing such financial punishments related to the 'Real Estate' sector.

Article found on: www.cbc.ca

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