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    Articles British Virgin Islands Canada Channel Islands Fraud Investment JerseyOctober 31, 2000

    Accounts in Jersey and BVI used for insider trading

    mm
    By
    23 years ago

    Topics

    British Virgin Islands Canada Channel Islands Fraud Investment
    Jersey
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    Keywords

    Allied Strategies Inc., Bray International Consolidated Valley Ventures Ltd. Crazy Horse Industries Inc., David Michael Patterson
    Donner Minerals Ltd. Zicor Mining Inc.
    [ 2 more... ] [ top 5 ]

    A Vancouver-based businessman who used a Jersey-registered trust and a BVI-registered IBC to conduct illegal insider trades in firms he managed has been fined $50,000 by Canadian securities regulators. David Michael Patterson admitted that he did not file insider-trading reports for trades he made through a British Virgin Islands firm in shares of four companies where he was an officer or director.