The British Columbia Securities Commission (BCSC) settled with a North Vancouver man, who admitted to helping a pair of companies raise about $12 million from investors, without being registered.<\/p>\n
In a settlement with the regulator, Tajkarim Mohamed admitted that he violated securities rules by facilitating 66 securities distributions on behalf of a pair of related issuers between January 2018 and June 2020.<\/p>\n
According to the settlement, the issuers paid him, and his Hong Kong-based companies \u2014 Lacie Holdings Ltd. and CE Star Holdings Ltd. \u2014 $111,000 in cash and almost $650,000 in stock as finder’s fees for introducing investors to the issuers.<\/p>\n
“Mohamed, directly and through Lacie and CE Star, engaged in acts in furtherance of trades of securities of the issuers including by referring prospective investors, facilitating investments and acting as an intermediary,” the settlement said.<\/p>\n
Under the settlement, Mohamed was banned for four years, and ordered to pay $135,000 to the BCSC. He also returned the shares he received to the issuers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Man banned four years, pays $135,000 in settlement with regulator<\/p>\n","protected":false},"author":147314,"featured_media":474020,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2324,2312],"tags":[2443,2355,2776,2530],"yst_prominent_words":[4996,72224,45236,26531,21932,12872,11973,10092,8315,6813,3,4032,2113],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/495722"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/147314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=495722"}],"version-history":[{"count":2,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/495722\/revisions"}],"predecessor-version":[{"id":495758,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/495722\/revisions\/495758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media\/474020"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=495722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=495722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=495722"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=495722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}