Absolutely true, but they were not targeting Ontario residents. Ontario (and Quebec's) track records on international fraud is very poor. As long as they are victimizing people outside the Province, they are not very proactive. The SEC and DOJ seem to recognize that - they seem to be much more willing to move against criminals located in Ontario on their own either without, or with limited, OSC cooperation.
British Columbia and Alberta in particular have a much different view of the situation.
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