The British Columbia Securities Commission (BCSC) has become aware that a previously disciplined person, Volkmar Guido Hable, recently changed his name to Jacob Jason Volkmar Guido DeMedici (a.k.a. Jacob Jason DeMedici).

On June 26, 2017, the Commission found that Hable, now DeMedici, contravened the Securities Act when he manipulated the shares of Samaranta Mining Corporation and when he submitted false information to a Commission investigator. On November 7, 2017, the Commission permanently banned Hable from the B.C. capital markets and ordered him to pay penalties totalling $557,596.96.  In its sanction decision, the Commission stated that Hable “represents a significant risk to our capital markets.”

DeMedici had recent dealings with a B.C. company and purports to be the founder of DeMedici Capital Partners.

Report a Concern

If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through email at [email protected]. You can also file a complaint or submit a tip anonymously using the BCSC’s online complaint form.

InvestRight.org is the British Columbia Securities Commission’s investor education website.

Suggested Reading

Investor Alert: Cryptocurrencies

Investor Alert: BC and Alberta securities regulators issue warning after reports of a suspicious investment scheme operating in the two provinces

Investor Alert: Aggressive Stock Promotion Exploits Fears of Coronavirus Recession

More Resources

Beware of Binary Options Fraud: Canadian Securities Administrators

The Canadian Securities Administrators (CSA) warn investors about binary options scams.

Investor Alert: BCSC Criminal Investigations Team Arrests Hal McLeod

The BCSC's Criminal Investigations Team has arrested Hal (Mick) Allan McLeod (aka Michael Smith) for breaching a lifetime ban against selling securities.