British Columbia Securities Commission

British Columbia Securities Commission

April 03, 2012 15:01 ET

B.C. Securities Commission Criminal Investigations Team and Surrey RCMP Arrest Surrey Man for Fraud and Theft

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 3, 2012) - The British Columbia Securities Commission's Criminal Investigations Team have arrested a Surrey man and charged him with ten counts of fraud over $5,000 and ten counts of theft over $5,000.

On April 2, Roberto Castano was arrested by the BCSC's Criminal Investigations Team and the Surrey RCMP without incident at his home. The arrest follows a lengthy and complex investigation conducted by the BCSC.

The charges against Castano have not been proven.

The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities within the province.

For media enquiries, contact Richard Gilhooley, media relations, 604-899-6713. For public enquiries, call 604-899-6854 or 1-800-373-6393 (toll free).

Learn how to protect yourself and become a more informed investor at www.investright.org.

Quick Facts about the BCSC's Criminal Investigations Team

  • Investigate persons suspected of committing Criminal Code and Securities Act offences.
  • Since 2007, 324 charges laid in connection with 19 cases.
  • Five arrests made in the last six weeks.

Contact Information

  • British Columbia Securities Commission
    Richard Gilhooley
    604-899-6713 or (Canada) 1-800-373-6393
    www.bcsc.bc.ca