I have written a great deal about Genius Funds since we issued a Notice of Hearing on February 12, 2010. The hearing took place in Vancouver and the Commission issued permanent orders again Genius Funds. No one representing Genius Funds appeared on its behalf.
As I emphasized in my last blog, BCSC did not shut down the website. It did not prevent Genius Funds from sending funds to investors. What it did do was confirm that Genius Funds is not registered to participate in BC’s securities industry and it permanently banned web-based Genius Funds, also known as Genius Investments, from selling securities and engaging in investor relations activities in British Columbia.
To read previous posts on this and other topics, click on Let’s talk about investing.
The British Columbia Securities Commission is warning the public to be aware of Hines Aircraft Ltd., a British Virgin Islands company that claims to be developing aircraft propulsion technology. Hines Aircraft has engaged individuals in B.C. to sell shares and warrants (to purchase additional shares) of Hines Aircraft, with much of the activity taking place […]
In the spirit of back to school, we thought it would be a good time to point people to some tools they can use to test on their fraud awareness. Take the Fraud Challenge In March, we launched The Fraud Challenge, an interactive quiz that allows you to test your vulnerability to fraud. The five […]