British Columbia Securities Commission

British Columbia Securities Commission

April 02, 2012 14:30 ET

B.C. Securities Commission Criminal Investigations Team and Vancouver Police Arrest Vancouver Man for Fraud and Illegal Sale of Securities

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 2, 2012) - The British Columbia Securities Commission's Criminal Investigations Team and the Vancouver Police Department have arrested a Vancouver Man and charged him with eight counts that include fraud, selling securities without being registered, and selling securities without a prospectus.

On March 29, Claude (C.C.) West was arrested by the BCSC's Criminal Investigations Team without incident at his home in Vancouver. The Vancouver Police were on hand at the arrest, which was the result of an undercover investigation conducted by the BCSC.

West is charged in connection with Hal (Mick) Allan McLeod (aka Michael Smith) and the Provina Capital investment.

The charges against West 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.

Contact Information

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