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Re: Lexit post# 7468

Wednesday, 09/08/2021 6:16:30 PM

Wednesday, September 08, 2021 6:16:30 PM

Post# of 13359
Well, here we go again! Scam Scam Scam!

Andrea Cortellazzi, Serge Ollu, Ollu's wife Denyse Raynault and Jaqcues Vallee of Excel Mining fame get beaned by the AMF.

Couldn't happen to nicer people.

Google Translation:

Quote:
Montreal - Several criminal decisions related to the illegal distribution of securities of companies Andréane Mineral Resources , HE- 5 Resources and Minerals Izza recently been made under which fines totaling $ 1,263,000 were imposed against four individuals and three companies.

In June 2013, Andrea Cortellazzi pleaded guilty to six counts of unlawful practice of broker and investment aid illegal and fined a total of $ 40,000 . In October 2013 , Serge Ollu also pleaded guilty to 33 counts of illegal practice and using illegal distribution and was fined a total of $ 303,000 . In October , Denyse Raynault also pleaded guilty to 30 counts of using illegal distribution and fined a total of $ 225,000 in his capacity as administrator of the company HE- 5 Resources at the time of the alleged . Finally, in November 2013 , Jacques Vallée pleaded guilty to eight counts of using illegal distribution and fined a total of $ 60,000 .

As companies Izza Minerals and HE- 5 Resources, they both registered guilty pleas to a series of heads of illegal distribution and respectively fined of $ 75,000 and $ 240,000 . As the company Mineral Resources Andréane , she was convicted on 16 counts of illegal distribution after a trial in absentia in November 2013 , she was sentenced to fines totaling $ 320,000 .

The Financial Markets Authority is the regulatory and supervision of the financial sector in Quebec .

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