US EditionB.C. Appeal Court Upholds US$30M Fraud Judgment Against West Vancouver Man - Metro Vancouver News
- The B.C. Court of Appeal confirmed a judgment worth US$30 million against Frederick Sharp, a West Vancouver resident linked to a long-running securities fraud case.
- The lawsuit, filed by the U.S. SEC in Massachusetts in 2021, alleged Sharp organized an illegal share-sale scheme between 2010 and 2019.
- Sharp challenged the judgment arguing lack of jurisdiction and improper service, but courts found ample evidence he was properly served and linked to Massachusetts.
- The court found the SEC met its burden showing no triable issues, dismissed Sharp's expert claims as an "irrelevant sideshow," and confirmed he was evading service.
- This ruling enforces cross-border accountability for complex fraud schemes and upholds the US$30 million default judgment recognized by B.C. courts last year.
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B.C. Appeal Court upholds US$30M fraud judgment against West Vancouver man - Metro Vancouver News
The B.C. Court of Appeal has upheld a US$30 million court judgment against a West Vancouver man alleged by the U.S. government to be the "mastermind" of a years-long securities fraud.
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B.C. Appeal Court upholds US$30M fraud judgment against West Vancouver man
VANCOUVER — The B.C. Court of Appeal has upheld a US$30 million court judgment against a West Vancouver man alleged by the U.S. government to be the "mastermind" of a years-long securities fraud. The ruling says the U.S.
B.C. Appeal Court upholds US$30M fraud judgment against West Vancouver man – Energeticcity.ca
VANCOUVER — The B.C. Court of Appeal has upheld a US$30 million court judgment against a West Vancouver man alleged by the U.S. government to be the “mastermind” of a years-long securities fraud. The ruling says the U.S. Securities and Exchange Commission originally sued Frederick Sharp and others in a Massachusetts court in 2021, and won a default judgment that was recognized by the B.C. Supreme Court last year. The Appeal Court ruling says Sha…
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