Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme Court rules


Source: cbc.ca cbc.ca

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Everyone seems to want a piece of Fred Sharp, the self-styled private banker from West Vancouver who built a huge network of offshore companies that facilitated, according to U.S. court findings, a billion-dollar series of pump-and-dump stock frauds. The Canada Revenue Agency has been looking into him since 2013, the U.S. Securities and Exchange Commission obtained a $68-million civil-fraud judgment last year, he's wanted on U.S. criminal charges in Massachusetts, and the B.C. Securities Commission had him barred from the province's stock market in February. Now, after six years of legal squabbling over jurisdiction, Quebec's stock market regulator can have...