The British Columbia Securities Commission is investigating Sung Wan “Sean” Kim, the principal of Cirplus Futures Inc., a Vancouver-based exchange-contracts dealer.

Anyone who has had recent financial dealings with Kim or is a client of Cirplus should contact the BCSC. Anyone who may have information about the whereabouts of Kim should also contact BCSC staff. A Korean translator will be available through our inquiries line at 604-899-6854 or 1-800-373-6393.

Investors should not send any funds to Kim during the investigation.

The BCSC is the independent provincial government agency responsible for regulating trading in securities within the province. If you have questions, contact Andrew Poon, media relations, 604-899-6880 or Ken Gracey, media relations, 604-899-6577.

Suggested Reading

Investor alert: “Split games,” a Type of Pyramid Scheme | 投資者警示 : “拆分盘”,一种金字塔式经营计策

Investor Alert: Exercise Caution During Stock Price Volatility

Investor Alert: BaFin Warning About Misleading Buy Recommendations

More Resources

Investor Alert: Canadian Securities Regulators Warn Public About Trading Scam Using Fake Accreditation

The CSA is warning the public about a trading scam advertised under the name of Mercury Crypto Invest (Mercury).

Investor Alert: Warning about work from home scams during COVID-19 crisis

The BCSC warns public about fraudulent ads offering opportunities to work from home.