Repeat Offender: Enforcement Staff

Commission Staff Dept: B.C. Securities Commission enforcement director Lang Evans said the family, at Armstrong's urging, borrowed more than $200,000 to invest in a gold trading scheme, which proved to be bogus. "They will be years paying off that debt. That's why we take these things so seriously," said Evans, according to Vancouver Sun. In this case, due to Armstrong's extensive fraud record, commission staff enlisted the help of Crown counsel, who agreed to lay six charges under the B.C. Securities Act and prosecute him through the courts, where he could be subject to a jail term up to three years in length and repeat offender Norman Graham Armstrong has been arrested and charged with multiple offences under the B.C. Securities Act and Criminal Code after he allegedly ripped off a Surrey working-class family and a student who lived in an apartment just across the hall from him. Usually, commission enforcement staff cite alleged offenders for violations under the Securities Act and take them to hearings, where the maximum consequence is a stock market suspension and/or financial penalties. As reported in the news.
@t vancouver sun, crown counsel