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VVancouver Sunvancouversun.com

Canada's high court won't hear appeal of B.C. man facing US$29 million stock fraud penalties (opens original article in a new tab)

TL;DR

Canada's high court will not hear the appeal of a B.C. man facing US$29 million in stock fraud penalties, following a U.S. court's 2022 judgment against him for a $1-billion international fraud scheme.

  • Canada's Supreme Court declined to hear an appeal from a B.C. man facing US$29 million in stock fraud penalties.
  • The man, Frederick Langford Sharp, was found liable in a U.S. Federal Court in 2022 for a $1-billion international pump-and-dump stock fraud.
  • A B.C. Supreme Court ordered a freezing order of assets related to the stock fraud in 2024.

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