Tuesday, 23 February 2016

When do actions taken by a Gov't regulatory and enforcement agency lose the protection rendered by 'good faith' clauses and become crimes? Are public officials immune from prosecution for any crime committed during their course of duty by invoking a 'Good Faith' clause?

When do actions taken by a Gov't regulatory and enforcement agency lose the protection rendered by 'good faith' clauses and become crimes? Are public officials immune from prosecution for any crime committed during their course of duty by invoking a 'Good Faith' clause? If the allegations facing British Columbian public officials are true can they really be protected from Perjury, Tampering, Fraudulent Concealment, Entrapment, etc. by invoking 'Good Faith'?
 It's time for an in-depth look at the practices and operations of the BC Securities Commission. The BCSC is a regulatory and enforcement agency in British Columbia responsible for maintaining the integrity of the financial markets, as well as protecting British

Questions regarding the BC Securities Commission:
  • How can a Regulatory Agency mandated with ensuring fair and ethical actions in the marketplace maintain any legal credibility when it operates in the following manner,
  • Holds hearings without records, according to the BCSC rules its the master of its own domain in legal proceedings. How can a legal ruling be made with unbiased integrity when as they themselves said they only sometimes record said hearing? 
  • What do the Securities Act say about this? What about Supreme court law and our Constitutional rights? Do they not exist in the world of Finance? Why not?
  • How can an agency be trusted to make a fair and impartial decision in a case when it knowingly uses the testimony of an investigator who has perjured herself multiple times?
  • Why would a Regulatory and Enforcement agency in charge of maintaining the integrity of the financial markets mislead citizens who went to them for help for seven months in regards to the reporting of Fraud?
  • Why would the BCSC lie to U-GO Brands directors in regards to Klaus Glusings fraudulent activities?
  • Why would a BCSC investigator tell the lawyer for U-Brands that he is going to let us proceed with issuing shares in U-GO Brands although he knows we may be in contravention of the Act by doing so?
  • Why would the lawyer and the BCSC lead us on to think its all legally ok when they know they are entrapping us into committing an offense against the Act?
  • Why would an agency tasked with protecting shareholders in BC actively work to destroy a legitamate company and in doing so lose 400 shareholders money?
  • How can the BCSC justify posting private banking info online on its website TWICE contrary to the privacy act?
  • -Why would the BCSC illegally Cease trade trust accounts then lie to cover it up?
  • How can the BCSC justify attempting to prosecute us for fraud well after they know we are innocent of fraud?
  • Would the BC Securities Commission break into someones hotel illegally and hack their laptop if they are desperate to pin a crime on someone and cant?
  • Would the BCSC hire surveillance teams and choppers to intimidate citizens into silence if it cant scare them into silence with the threat of a lawsuit?
  • Would the BCSC attempt to force citizens to settle for all the allegations facing them including fraud even if they know the fraud charges are not true?
  • Is entrapment and collusion standard protocol for the BCSC?
  • Do the rule of law and due process not apply to the financial markets?
  • What about the right to be presumed innocent until proven guilty?
  • the right to a fair and impartial trial (Hearing) in any legal proceeding?
  • Can the BCSC really just make declarations about someone that are not true and operate as though its the law? Can they prosecute someone based on these declarations without evidence presented?
Mr. Christopher Burke statements for the press below..
"We have never been trying to evade responsibility for any violations of the Securities Act. Our goal the entire time has been one that is the same as one of the mandates set out for the BC Securities Commission, protect our investors. We went to them for help in order to do just that and report fraud, the BC Securities Commission was aware from the beginning that we did not commit fraud yet continued to try to prosecute us for said fraud long after they knew we were innocent. All we have wanted was a fair and unbiased proceeding against us yet we have been denied every basic civil right that we have come to value as a nation. The BCSC has lied continually throughout this process, including perjury committed by the only investigator to tender any evidence against us, how is this brushed off as simply  a 'Securities Issue' as many lawyers and public officials maintain? If the BC Securities can just make up stories and lie to prosecute someone are they still covered under the 'Good Faith' clause?  As the lawyers and public officials suggest because the issue is a 'Securities Issue' the normal application of due process and adherence to the rule of law do not apply. If the financial markets fall outside the rule of law, the right to due process and a fair trial or 'hearing' as the BCSC holds true by its actions whats to stop me from robbing a bank? After all the rule of law, according to officials doesn't apply to the Financial Markets any more."

More from Mr. Burke..
"How can we be prosecuted for such a crime as Ms Mitchell-Banks insisted in Oct 2014 when both parties are aware of our innocence?  Why did the BC Securities Commission illegally cease trade trust accounts of one of the Directors when it knew that it contained no proceeds of crime or ill-gotten gains? The accounts had not received money in almost twenty years, the BCSC has access to all the banking records they knew the accounts were not related and their was no reason to believe they were. Despite this fact they issued the cease trade anyway, then they lied to cover it up. The BCSC has more then one story about the CTO including blaming the bank, their lead investigator on the case lied under oath and numerous officials on behalf of the BCSC have given multiple different stories about what happened. How can we trust that a fair judgment will be rendered against us when it is clear the BCSC has an aversion to the truth and has operated with deception since day one? What happened to our Constitutional Rights?"

See what another person who reported fraud to the BCSC has to say about the Commission;
"BC’s reputation as the global securities fraud capital hasn’t changed yet. Still, to this day, people are losing their life savings to BC based frauds- and, the BCSC is no less toothless and no more competent than it was back then. British Columbia is a ponzi scheme, and the BCSC is a core part of it."
 
See what another person who reported fraud to the BCSC has to say about the Commission
http://www.genuinewitty.com/2012/06/25/the-bc-securities-commission-is-a-bad-joke/
"It was only earlier this year that the CEO got arrested- but, that was two scams later… 
So, who cares? We’re talking about bankers ripping off bankers- right? Not quite, it isn’t as much the bankers who are getting ripped off in BC as it is the 99%. It’s mom, and pop, grandma & grandpa who lose their investments- banks have resources to investigate the claims of who they invest in.
The BCSC is a wart on BC’s economy, they are ineffective and dangerous"

http://www.genuinewitty.com/2012/11/22/why-is-this-con-artist-dancing-because-the-bc-securities-commission-sucks/
 Flag Resources is a 100 year old mining company rich in history with thousands of investors throughout the US and Canada. A Flag Resource official Mr. Rodney Snyder claims the BCSC is attempting to prosecute him for a crime that an outside accounting firm hired by Flag has already plead guilty to. The BCSC knows he is innocent yet proceeds anyways and is in the middle of destroying a perfectly good mining operation as a result. Mr, Snyders concerns can be seen here on the following link.

http://www.castanet.net/news/Letters/157110/Bureaucratic-domination

 The preceding has been just a small part of the complaints and allegations against the BC Securities Commission. The Directors of U-GO Brands insist that their company should never have been destroyed, the worst that should have happened was a fine and the stepping down of the offending parties who did not commit any crimes but instead had the integrity to tell the truth in front of the BCSC. The Directors point to the complete absence of due process, a fair and impartial hearing, and the truth in the matter as evidence to back their position. The BCSC was intent on making a case against the U-GO Brands directors from the start regardless of whether or not the Directors were guilty.
 According to the BCSC it is simply doing its job and ensuring the integrity of the marketplace.  What does the evidence say in this regard? We let you the reader decide for yourself. Should any one wish to examine the details further the BCSC's rulings and findings against the U-GO Brands Directors are available on-line at www.bcsc.bc.ca

 For more evidence on the claims of the U-GO Brands Directors you can visit their blogs as well as the attached links to Press releases from U-GO Brands Inc.  pertaining to their position.

 With questions like the ones asked by the U-GO Brands directors one would have to ask, is there a fire behind all this smoke? And if so who is responsible for it?

HOW CAN THE BCSC OPERATE IN A FAIR AND UNBIASED MANNER WHEN DECEPTION IS ITS MODUS OPERANDI?

Peter D. Harris <p.harris@telus.net>

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    BCSC FINAL RULING .. HOW CAN SUCH PAYMENT ORDER BE JUSTIFIED WHEN CLEARLY NO FRAUD WAS COMMITED?

    On 22/02/2016 10:45 AM, Peter D. Harris wrote:
    (Hard Copy Attached)

    Monday, February 22, 2016
     
    British Columbia Securities Commission
    Peter Brady, Director of Enforcement
    701 West Georgia Street
    P.O. Box 10142, Pacific Centre
    Vancouver, BC V7Y 1L2
     
    Subject: BCSC Final Panel Ruling (Decision) Dated December 15, 2015
    Reference: Filed copy with the BC Supreme Court December 18,2015
     
    Dear Mr. Brady,
     
    This is to confirm that I have received the Commission’s copy of the BC Supreme Court filling, why is it that Commission filed December 18, 2015 and the Commission only sent me the registered copy this pasted Sunday February 21, 2016, it’s a good thing I asked the question last week, if you had filed with the BC Courts. Why did the Commission not notify us December 18, 2015 of the Court Filing?
     
    I reviewed the Commission’s court document and it is somewhat confusing, in order to prevent any misunderstanding, we need the Commission to confirm the below information. Is the Commission seeking $8,749,000 or $3,360,000? This demonstrates the typical abuse we have been experiencing from the Commission. Why did the Commission originally seek $8M and now it appears the Commission is seeking $3M? Please confirm! What formula did the Commission use to arrive at these ridicules numbers that make no sense and are totally and legally unjustified?
     
    Mr. Brady, as we have not been successful in establishing an open dialog with the Commission to reach a fair and amicable resolve and as stated to Mr. Leong in a previous message, Christopher Burke and myself have no intent to pay the Commission any fines what so ever.
     
    For this reason, we request that the Commission file a lawsuit for collection of fines with the BC Supreme Court no later than this coming Friday February 26, 2016. If the Commission does not file by the prescribe date with the BC Supreme Court, the U-GO Directors will consider this case terminated and no future action will be taken by the Commission.

    AMENDED RENDERING By the Executive Director seeks the following orders against: 
    RespondentDecember 15, 2015                          BCSC Panel RenderingPay to CommissionAdministrative Penalty Total Market  Prohibitions 
    Lorne CirePage 22 (4) (5)$636,000$50,000$686,00010 years
    Peter HarrisPage 23 (9) (10)$636,000$50,000$686,000Life Time
    John ThibertPage 23 (13)$20,000$0$20,00020 years
    Michael KwasnekPage 24 (17) (18)$636,000$35,000$671,00020 years
    Christopher BurkePage 25 (21) (22)$636,000$20,000$656,000Life Time
    SPYru Inc.Page 25 (23) (C)$0$0$0Life Time
    U-GO BrandsPage 25 (25) $636,000$0$636,000Life Time
    ParadoxPage 25 (26)$0$0$0Life Time
    Echo PartnersPage 26 (29)$0$5,000$5,0005 years
    Total
    $3,200,000$160,000$3,360,000






    ORIGINAL RENDERING The Executive Director seeks the following orders against: 
    RespondentDecember 15, 2015                          BCSC Panel RenderingPay to CommissionAdministrative Penalty Total Market  Prohibitions 
    Lorne CirePage 3 (4) (B and C)$1,983,000$100,000$2,083,000Life Time
    Peter HarrisPage 3 (5) (B and C)$1,983,000$100,000$2,083,000Life Time
    John ThibertPage 3 (6) (B and C)$1,028,000$100,000$1,128,00020 years
    Michael KwasnekPage 3 (7) (B and C)$874,000$100,000$974,00020 years
    Christopher BurkePage 4 (8) (B and C)$701,000$60,000$761,000Life Time
    SPYru Inc.Page 4 (9) (B and C)$0$0$0Life Time
    U-GO BrandsPage 4 (10) (B and C)$636,000$100,000$736,000Life Time
    ParadoxPage 4 (11) (B and C)$834,000$100,000$934,000Life Time
    Echo PartnersPage 4 (12) (A and B)$0$50,000$50,0005 years
    Total
    $8,039,000$710,000$8,749,000
    Mr. Brady, it is imperative that we receive a reply from the Commission in regards to this message.
     
    These abuses have to stop and the Commission needs to be forward and advise its intent, our lives have been on hold for the last three years and our Civil Rights have definitely been violated by the Commission employees and I assure you we are not about to walk away from this injustice, someone has to take responsibility for these illegal actions taken by the Commission investigators, litigators and executives.
     
    We respectfully away your reply.
     
    Sincerely,

    -- 
    Peter D. Harris
    Director
    U-GO Brands Nutritional Products Inc.

    Wednesday, 17 February 2016

    HELICOPTER GAMES - REPORT FRAUD AND THIS IS WHAT HAPPENS TO YOU!

    See


    http://www.reportingfraudinbc.blogspot.ca/2016/02/helicopter-games.html


    stay tuned for more..
    cb
    ph

    Theres a Fire Behind all the Smoke!

     
     
    When does a Government agency cross the line into criminal behavior? Tampering, Fraudulent Concealment, Perjury, Illegal Wiretapping, Break and entering, can these all be excused as being committed in 'Good Faith' during the course of an investigation?

     
    When do actions taken by a Gov't regulatory and enforcement

    agency lose the protection rendered by 'good faith' clauses and

    become crimes? Are public officials immune from prosecution for

    any crime committed during their course of duty by invoking a

    'Good Faith' clause? If the allegations facing British Columbian public officials are true can

    they really be protected from Perjury, Tampering, Fraudulent Concealment, Entrapment,

    etc. by invoking 'Good Faith'?

    An in-depth look at the practices and operations of the BC Securities Commission. The BCSC

    is a regulatory and enforcement agency in British Columbia responsible for maintaining the

    integrity of the financial markets, as well as protecting British Columbians from fraudulent

    and malicious activity in the private financial markets .

    There are at least a few British Columbians who have currently reported their misgivings

    about the way the BCSC conducts itself in the course of market regulation. The BC Securities

    Commission has the power to regulate and enforce both criminal offenses and civil matters

    pertaining to the regulations set out in the Securities Act (rsbc 1996) of British Columbia.

    According to Mr. Peter Harris and Mr. Christopher Burke who represent U-GO Brands Inc. out

    of Kelowna B.C. the BC Securities operation has no interest in maintaining a fair

    marketplace nor does it maintain a shred of integrity as it conducts its operations. We will

    refer to Mr. Harris and Mr. Burke as the Directors as they are both directors of U-GO Brands

    Inc.

    The case can seem long and complicated however the U-GO Brands Directors feel its very

    simple, the U-GO Brands case never should have existed. According to the allegations facing

    the BC Securities Commission the BCSC lied to and mislead the Directors from the moment

    the Directors contacted the BC Securities Commission to report fraud and ensure they

    maintained compliance with Securities Act. The U-GO Brands directors have made allegations

    against the BCSC that include everything from Perjury, Tampering, Obstruction of Justice,

    Fraudulent Concealment, Collusion, Entrapment, Break and Entering, Illegal wiretapping, etc..

    The full range of accusations can be seen at a blog set up by the Directors at

    www.bcsecuritiescommissionasham.blogspot.com

    The U-GO Brands Directors take issue with a December 2015 ruling by the BC

    Securities Commission that declares them guilty of breaching Section 161 of the Securities

    Act. According to the U-GO Brands Directors not only would the breach not exist had the

    BCSC properly done its job instead of committing entrapment. The allegation is nullified by

    the fact that the BCSC investigator perjured herself multiple times in the course of testifying

    against them. In addition the Directors claim that much of her testimony in the form of

    affidavits submitted as evidence is simply not true. Says U-GO Brands Director Christopher

    Burke of the entire process of dealing with the BC Securities Commission,

    "We have never been trying to evade responsibility for any violations of the Securities Act. Our goal




    the entire time has been one that is the same as one of the mandates set out for the BC Securities

    Commission, protect our investors. We went to them for help in order to do just that and report

    fraud, the BC Securities Commission was aware from the beginning that we did not commit fraud

    yet continued to try to prosecute us for said fraud long after they knew we were innocent. All we

    have wanted was a fair and unbiased proceeding against us yet we have been denied every basic

    civil right that we have come to value as a nation. The BCSC has lied continually throughout this

    process, including perjury committed by the only investigator to tender any evidence against us,

    how is this brushed off as simply a 'Securities Issue' as many lawyers and public officials

    maintain? If the BC Securities can just make up stories and lie to prosecute someone are they still

    covered under the 'Good Faith' clause? As the lawyers and public officials suggest because the issue

    is a 'Securities Issue' the normal application of due process and adherence to the rule of law do not

    apply. If the financial markets fall outside the rule of law, the right to due process and a fair trial or

    'hearing' as the BCSC holds true by its actions whats to stop me from robbing a bank? After all the

    rule of law, according to officials doesn't apply to the Financial Markets any more."


    The Directors claim it all started with an offshore start-up company that was in the energy

    drink business called Spyru. In 2013 the chain of events began to unfold that has lead to the

    U-GO Brands Directors allegations against the BC Securities Commission. To make a long

    story short Mr. Harris who was a former VP at Canadian Pacific Shipping had been contacted

    by his old mentor and boss Klaus Glusing from back in the shipping days and recruited to

    help Mr. Glusing with the fledgling drink company he had on his hands. Mr. Glusing needed

    funds to finish the development and launch of the spirulina based Spyru energy drink, Mr

    Harris was tasked with raising shareholder capital in British Columbia as well as from various

    investors throughout the US and Canada. Mr. Harris had not talked to Mr, Glusing who was a

    Harvard business graduate in years yet due to their long prior relationship had no reason not

    to trust Mr. Glusing. Mr. Glusing retained total control of the company and would not cede

    any decision making power or control to anyone else including Industry professionals who

    were hired for their expertise according to the U-GO Brands directors.

    Little was Mr. Harris to know that Mr. Glusing had his hand in the cookie jar so to speak and

    was embezzling funds from the growing little company which at its peak had product in 800

    stores in North America. Once Mr. Harris found out about Mr. Glusings fraudulent activities he

    took several courses of action, first he contacted numerous law firms for

    consultation. Secondly Mr. Harris hired a private investigator to confirm his suspicions, Mr.

    Harris then reached out to contact the BC Securities Commission and report the fraud he had

    discovered. In addition Mr. Harris and the previously hired industry professional decided the

    best thing to do in order to save the shareholders money from Spryu would be to start a new

    drink company based on formulas and branding already developed by the industry

    professional that Mr. Harris had previously hired. This industry professional who shall remain

    unnamed for privacy reasons needed a business partner to look after the financial side of

    things while he took the product to market, in return this white knight was willing to simply

    give all the old investors in Spyru shares in the new company.

    Out of the ashes of Spryu, U-Go Brands was born. U-GO Brands and its directors some of

    which were activist shareholders in the old company Spyru made every effort to be compliant

    with the Securities Act in British Columbia. The directors original call to the BC Securities

    Commission for help and in order to ensure compliance was still unanswered at this point.

    Included in the attached photographs is a copy of one of Mr. Harris's early communications

    with the BC Securities Commission where he asks why he has not yet heard from the BCSC in

    regards to his reporting fraud. According to the U-GO Brands Directors it is evidence like this

    that contradicts the testimony of the BC Securities Commissions prosecutors who insist the

    Directors paid no attention to the law.

    The 2013 original email (attached) from Mr. Harris to the BCSC is a sharp contrast to the

    claims of the BCSC in their 2014 Temporary Order a part of which is attached as a picture.

    According to Ms Pivnenko and Mr. Torrance the council for the BC Securites executive director

    or in other terms the prosecution insists that the Directors "did not attempt to turn their

    minds to the prospectus and exemption requirements under the Act." The Directors claim

    that this is a lie and they made every effort to be compliant, all they ever wanted was a face-to

    face meeting with BCSC officials in order ensure they took the right legal steps in order to

    save the Spryu shareholders money.

    A conversation between the Directors lawyer at the time Teresa Tomchuk of Farris Law and

    Mr. Ting from the BC Securities Commission indicates that Mr. Ting was aware of the

    Directors intentions to save the Spyru shareholders. Mr. Ting also knew there were breaches

    of the Act that would occur if he let them save the shareholders by issuing new shares in the

    U-GO Brands company as the Directors wanted to do. In the attached picture evidence of this

    conversation is displayed, Mr. Ting tells Ms. Tomchuk of Farris that he will let us proceed with

    our intended plans. The U-GO Brands Directors allege that this was the beginning of

    entrapment procedures on the behalf of Farris Law and the BCSC. The Directors mention the

    fact that they had even offered to step down from the new U-GO Brands company and pay

    any penalties associated with the very infraction Mr. Ting had mentioned as evidence of their

    integrity. Their sole concern was to save the friends and families money that had been

    invested and ensure the continuance of a viable start-up company.

    As further evidence to back their claims of malicious and vindictive prosecution the U-GO

    Brands directors have shared a statement made by the head of BCSC's Criminal Enforcement

    Division Ms. Mitchell Banks. In the statement made by Ms. Mitchell Banks she tells the U-GO

    Brands Directors they must plead guilty to all allegations in Oct of 2014. The allegations at the

    time included Fraud. As evidence of their position against the BCSC U-GO Brands directors

    point to an email from their lawyer dated July 4th 2014 where their lawyer at the time tells

    them that BCSC investigator Ms. Donders is aware that the allegations against the directors

    that they misappropriated hundreds of thousands of dollars have no merit.

    U-GO Brands Director Mr. Christopher Burke in a public statement for the press had the

    following questions in regards to the activities of the BCSC,

    "How can we be prosecuted for such a crime as Ms Mitchell-Banks insisted in Oct 2014 when both

    parties are aware of our innocence? Why did the BC Securities Commission illegally cease trade

    trust accounts of one of the Directors when it knew that it contained no proceeds of crime or illgotten

    gains? The accounts had not received money in almost twenty years, the BCSC has access to

    all the banking records they knew the accounts were not related and their was no reason to believe

    they were. Despite this fact they issued the cease trade anyway, then they lied to cover it up. The

    BCSC has more then one story about the CTO including blaming the bank, their lead investigator on

    the case lied under oath and numerous officials on behalf of the BCSC have given multiple different

    stories about what happened. How can we trust that a fair judgment will be rendered against us

    when it is clear the BCSC has an aversion to the truth and has operated with deception since day

    one? What happened to our Constitutional Rights?"


    The bank cease trade did happen according to documents provided by TD Waterhouse, the

    document provided by the bank however does cast doubt on the veracity of the BCSC's

    claims. Included in the pictures is a copy of the Cease Trade order provided on request from

    TD officials. This can be compared to the numerous statements made by BC Securities

    Commission officials that they were not responsible for the CTO. As evidence of this claim the

    Directors have provided an email from Ms Mitchell Banks denying the BCSC was responsible

    for the order.

    Also included in photographs is the BC securities Commissions mandate to the public and to

    the maintaining of the integrity of the Securities markets. How far can such a Regulatory

    Enforcement agency go in order to attempt a prosecution? If the accusations of the U-GO

    Brands Directors are true BCSC officials are responsible for the following crimes, Perjury,

    Tampering/withholding evidence, Break and Entering, Fraudulent Concealment, Obstruction

    of Justice, Entrapment, and Breach of Trust as a Public Official. These are all outlined with

    evidence to back some of the Directors claims in their blog the link to which will be provided

    below.

    Further crimes alleged by Mr. Harris and Mr. Burke include criminal harassment and illegal

    spying. Mr. Burke claims he was able to take photographs of a surveillance van two blocks

    from his home on New Years Eve day 2015 in position to watch Mr. Burke go to the bank,

    shopping, friends and parents house all from one spot. According to Mr. Burke this is not the

    first time people have been stalking or harassing him, since at least early 2015 he has been

    aware of this including a possible Hotel break-in whereupon the BCSC is accused of hacking

    his computer. Mr. Burke has more then one witness who was present and is willing to back up

    this claim. According to the Directors the photo of a van with a cardboard cut-out with eye

    holes is just one of many photos they have taken of these alleged activities. These can be seen

    at

    http://www.bcsecuritiescommissionasham.blogspot.ca/2016/01/bc-securities-surveillancefiles-

    two.html

    Mr. Burke and Mr. Harris are not the only individual to voice such concerns in regards to the

    actions of the BC Securities Commission, the following quotes are taken from the attached

    sources and indicates what members of the public who have reported fraud think of the

    BCSC.

    "BC’s reputation as the global securities fraud capital hasn’t changed yet. Still, to this day, people

    are losing their life savings to BC based frauds- and, the BCSC is no less toothless and no more

    competent than it was back then. British Columbia is a ponzi scheme, and the BCSC is a core part of

    it."


    http://www.genuinewitty.com/2012/06/25/the-bc-securities-commission-is-a-bad-joke/

    "It was only earlier this year that the CEO got arrested- but, that was two scams later…

    So, who cares? We’re talking about bankers ripping off bankers- right? Not quite, it isn’t as much

    the bankers who are getting ripped off in BC as it is the 99%. It’s mom, and pop, grandma &

    grandpa who lose their investments- banks have resources to investigate the claims of who they

    invest in.

    The BCSC is a wart on BC’s economy, they are ineffective and dangerous"


    http://www.genuinewitty.com/2012/11/22/why-is-this-con-artist-dancing-because-the-bcsecurities-

    commission-sucks/

    Flag Resources is a 100 year old mining company rich in history with thousands of investors

    throughout the US and Canada. A Flag Resource official Mr. Rodney Snyder claims the BCSC is

    attempting to prosecute him for a crime that an outside accounting firm hired by Flag has

    already plead guilty to. The BCSC knows he is innocent yet proceeds anyways and is in the

    middle of destroying a perfectly good mining operation as a result. Mr, Snyders concerns can

    be seen here on the following link.

    http://www.castanet.net/news/Letters/157110/Bureaucratic-domination

    The preceding has been just a small part of the complaints and allegations against the BC

    Securities Commission. The Directors of U-GO Brands insist that their company should never

    have been destroyed, the worst that should have happened was a fine and the stepping down

    of the offending parties who did not commit any crimes but instead had the integrity to tell

    the truth in front of the BCSC. The Directors point to the complete absence of due process, a

    fair and impartial hearing, and the truth in the matter as evidence to back their position. The

    BCSC was intent on making a case against the U-GO Brands directors from the start

    regardless of whether or not the Directors were guilty.

    According to the BCSC it is simply doing its job and ensuring the integrity of the marketplace.

    What does the evidence say in this regard? We let you the reader decide for yourself. Should

    any one wish to examine the details further the BCSC's rulings and findings against the U-GO

    Brands Directors are available on-line at www.bcsc.bc.ca



    For more evidence on the claims of the U-GO Brands Directors you can visit their blogs as

    well as the attached links to Newswire Press releases from U-GO Brands Inc. pertaining to

    their position.

    With questions like the ones asked by the U-GO Brands directors one would have to ask, is

    there a fire behind all this smoke? And if so who is responsible for it?

    Additional Links




    Newswire- U-GO Brands Press Release

    Newswire - U-GO Brands Press Release
     
     




    Pictures

    1. Mr. Harris "whats taking so long"? 2. Mr. Harris first reports Fraud in 2013. 3. BCSC 2014 TO

    alleges the Directors paid no attention to the law. 4. Mr. Ting and Ms Tomchuk re U-GO

    Brands continuation. 5. Must Plead Guilty to all Allegations. 6. Lawyer reveals Directors not

    guilty of Fraud in July 2014. 7. BCSC issues Cease Trade Order. 8. BCSC Denies it issued Cease

    Trade Order.
     
    1.
     
     
    2.

     
    3.

     
     
    4.

     
     
    5.

     
    6.

     
     
     
    7.

     
     
    8.

     
     
     
     
     
    Peter Harris
     
    Christopher Burke

    Monday, 15 February 2016

    FROM SAN DIEGO - THE TRUTH ABOUT WHY THE BC ECONOMY IS REALLY STRUGGLING.. BCSC STRANGULATION

    http://markets.financialcontent.com/sandiego/news/read?GUID=31453431

    WE ARE NOT ALONE IN OUR DEALING WITH THE BCSC - [UPDATED] The BC Securities Commission Is A (Bad) Joke…

    [UPDATED] The BC Securities Commission Is A (Bad) Joke…



    UPDATE: In the end, during the second investigation into Gregory Carrington, David Baines helped bring him to justice. In retrospect, after writing this article, I was a little hard on Baines- BC is the securities fraud capital of the world, and he has a hard job keeping on-top of things. Regardless, Carrington is busted now, and hopefully no others will be subjected to his criminality in the future.
    __________________________
    I began writing this article back in the days of Occupy Vancouver, but got sidetracked with all of the craziness that happened there. It was obviously not the time and place to discuss such an important issue. But, today, I received some good news- so, the right time is now…

    Back in 2008 I worked as a technical project manager for Webnet Global. It was a small company, and was an unusual place for me to seek work. But, love will make one do funny things- I wanted to live nearby someone I was in a relationship with, so I decided to do the unexpected and take a job out in the suburbs.
    Technically, Webnet was rather interesting to me, at least, on paper. They had built a rather large telecom network across BC’s lower mainland region using ‘WiFi’ technologies. The company’s approach had the promise of building networks at much lower cost than traditional wireless services, I found this rather exciting and jumped-in with both feet.
    The company had built a half-decent network. There were certainly issues- but, the technical staff were smart, creative, and had a genuine will to create something new and exciting. But, as time wore on, I began to notice that the company’s executives were not very motivated to follow-through on building the network. Instead, they spent much more time time focusing on marketing the company’s ‘investment opportunity” rather than marketing its services.
    The longer i was there, the more obvious it became- something was seriously wrong with this imbalance. So, I began investigating the company’s executives, and it became apparent that they were up to no good. It took another three months until I had gathered enough evidence. I searched the Internet, had informal conversations with people in the company’s business office, and spent time studying how they marketed on the investment side. When I was finished with my investigation, I had no doubt that the company was a fraud.


    I brought this to another member of the company’s management and we discussed the reality until we were both certain of my conclusion. Then, I took the next step and called the BC Securities Commission (BCSC)- it was time to blow the whistle on these grifters. As most of my readers know, I have little tolerance for people who take advantage of others…

    Gregory Carrington- Webnet CEO & Professional Grifter
    My first meeting with the BCSC was highly disappointing- it was immediately obvious to me why people like Gregory Carrington felt comfortable committing such blatant frauds. If there is a reason that British Columbia is the securities fraud capital of the world- the BCSC is at the core of it.
    The BCSC staff started off the meeting on the wrong-foot. I was a technical manager who came in as a whistleblower, and who sent a large amount of documentation before I arrived, yet they treated me with great suspicion. They did little ‘tricks’ to make me uncomfortable- for example, calling me by my full name ‘Gregory’ instead of ‘Greg’. It wasn’t until the end of the meeting that I understood why- they were incompetent, and were uncomfortable how my information and testimony proved that.
    I informed them that, despite the main goal of the company was to defraud investors, the technical department had built a valuable network. We had antennas on the roofs of dozens of buildings, and the establishment for a profitable business. You should have seen the looks on their faces- they said they had been investigating for ‘some time now’ yet they had no clue about the antennas (viewable in plain-sight) across the region. For an investigative organization, the BCSC can’t investigate itself out of a paper bag.
    My colleague and I tried to get them to agree to help us with a management takeover of the network- but, the BCSC had little interest. In the end, once they issued their trading ban on Webnet securities, the network was shut down and over 100 people lost their jobs.
    I called David Baines later that week- the Vancouver Sun’s ‘intrepid’ securities fraud investigator. After explaining to him all of the (solid) evidence I had gathered, he declined the story. He kind of laughed at it- saying “The BCSC is a toothless organization, good luck trying to get anything done with them.” Curiously, in an article earlier this month, David wrote an article about Webnet with a lot of the information I gave him five years ago. In his article he tries to make himself appear to be a hero who solved the case. Perhaps, but only five years after I brought it to him…
    So, now, years later, the BCSC finally ‘got their man’. Only, dozens of people lost their jobs, and many more lost good chunks of their life savings. It wasn’t until Gregory Carrington started another scam, and may years of his being a free man, that he was finally arrested last week.
    As the whistleblower who brought the fraud to their attention, and an employee who lost a few paycheques, I’m happy to see justice is finally being brought against this evil man. But, still, it was many years too late. And, BC’s reputation as the global securities fraud capital hasn’t changed yet. Still, to this day, people are losing their life savings to BC based frauds- and, the BCSC is no less toothless and no more competent than it was back then. British Columbia is a ponzi scheme, and the BCSC is a core part of it.

    See the source..
    http://www.genuinewitty.com/2012/06/25/the-bc-securities-commission-is-a-bad-joke/


     We are not the only ones experiencing this.. Its time to take our province back from these bankster criminals..

     

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