Vancouver doctor, Avtar Singh Dhillon, of Emerald Health, charged for 3rd time; facing 30 years in jail

Tweet New charges levied against Dhillon and against his lawyer Three times a charm or a curse? A Vancouver doctor who allegedly partnered with the now-infamous Vancouver lawyer Frederick Sharp in an international microcap alleged fraud scheme (summarized here) – Avtar Singh Dhillon – was charged criminally by the US Government, the FBI announced yesterday. […]

Vancouver doctor Avtar Singh Dhillon of Emerald Health, charged for the 2nd time by the SEC

Tweet New SEC charges A Vancouver doctor who allegedly partnered with Vancouver lawyer Frederick Sharp in an International microcap fraud scheme (summarized here) – Avtar Singh Dhillon – was charged by the Securities and Exchange Commission (“SEC“) again today. This time it involves a different public company and hits closer to home for Vancouver residents […]

Vancouver capital markets: amended SEC complaint reveals shady underground capital markets money laundering ecosystem

Tweet The biggest money laundering case in Canadian history, only it isn’t taking place in Canada The US Securities and Exchange Commission (“SEC”) filed a proposed amended complaint on February 3, 2022, in the US District Court of Massachusetts in case of SEC v. Frederick Sharp, Avtar Dhillon, Zhiying Chen, Courtney Kelln, Michael Veldhuis, Paul Sexton, Jackson […]

SEC charges 3 Canadians with various securities violations, including pump and dump schemes, involving over 20 microcap issuers

Tweet SEC complaint The US Securities and Exchange Commission (the “SEC“) filed charges against three Canadians, four Americans and nine private companies in the US District Court for the Southern District of California, for numerous violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, for alleged manipulative market behaviour, including […]

Two Canadian money launderers living in paradise tried to “stay good” but couldn’t because they were addicted to cash

Tweet The US Attorney in Florida today announced that a Canadian, Brooks Thomas Nesbitt, was sentenced to 10 years in jail after pleading guilty to wire fraud in connection with a money laundering securities fraud scheme. Nesbitt, originally from Thornhill, Ontario, ran several boiler room operations with another Canadian, Mary Kathryn Marr, which took in […]

Two foreign men from a digital currency exchange murdered in Mexico

Tweet Two more men involved in a digital currency exchange and a digital currency, were murdered in Mexico. Their bodies were recently found stuffed in suitcases in Sinaloa cartel land, according to this newspaper article. The two, Oscar Brito from Chile and Ignacio Ibarra from Argentina, were involved in selling and promoting the digital currency […]

Proceeds of crime from US$550 million Ponzi scheme go on sale at online auction next week as Covid-19 solution

Tweet The proceeds of crime from a massive US$550 million Ponzi scheme perpetrated by two convicted fraudsters in the US – Kevin Merrill and Jay Ledford – are being auctioned at an online auction house starting next week, in part because of Covid-19. Diamonds, sports memorabilia, art, gold coins, comic book from securities fraud being […]

Rewind to 2019’s most unusual financial crime case – the Ponzi schemer who paid US$720,000 for online spiritual rituals and filled freezers with beef tongues to cast voodoo spells on SEC lawyers to stop an investigation

Tweet This case wins first prize as the most unusual financial crime case of 2019. It’s about Dawn J. Bennett, a former stock broker from Maryland, who first worked with Western International Securities. In addition to selling securities, Bennett was a financial expert on a radio show where she dispensed investment advice and believed that […]