The whole thing sounds pretty familiar doesn't it? http://www.bcsc.bc.ca/release.aspx?id=15998
A British Columbia Securities Commission panel has ordered a Bahamian company to pay $300,000 for trading and advising in securities in B.C. without being registered, and for refusing to provide BCSC staff with information relating to B.C. residents who have held accounts with the company.
In May 2012, the panel found that Gibraltar Global Securities Inc, a company registered in the Bahamas that provides offshore securities brokerage, investment management and advisory services, carried out trades and provided securities advice on behalf of B.C. residents without being registered to do so. http://www.bcsc.bc.ca/release.aspx?id=17816
The Executive Director of the British Columbia Securities Commission has issued a temporary order and notice of hearing alleging that a Swiss private bank breached securities laws by engaging in trading and advising in securities within B.C. without being registered.
The notice alleges that Bank Gutenberg (formerly CAT Brokerage AG), a Swiss private bank and investment dealer offering offshore brokerage services, carried out trades and provided securities advice on behalf of at least two B.C. residents without being registered to do so.
For years Gibraltar Global Securities Inc was a popular offshore trading desk to use for anonymously dumping shares during penny stock promotions including by Luis Carrillo and Wade Huettel and their clients, the Kirks, during the PBEC and TSHO pump&dumps http://www.sec.gov/litigation/complaints/2013/comp-pr2013-39.pdf http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87770484
After Gibraltar Global Securities Inc started to get too much heat (and eventually got shut down). Bank Gutenberg AG became the new popular trading desk for penny stock promoters (allegedly including Awesome Penny Stocks) to use for anonymously selling stock through their nominee foreign business entities.
It is probably no coincidence that Luis Carrillo allegedly fled to Zurich when the regulators came after him. Zurich has become the new world capital for penny stock promoters with Bank Gutenberg AG the main entity involved in the dumping of billions of dollars of stock into the penny stock market.
Eventually Bank Gutenberg AG will be rendered useless and a new entity will become the primary choice for tax evasion, securities fraud, and bank fraud leading to billions of dollars being laundered out of North America.