The good thing to see here is that the ASC charged them in Provincial Court. I don't think that is very common. It suggests the ASC thinks they should go to jail, you don't see that very often in these investment scams. In the Sorenson/Brost matter the ASC fined them millions of dollars but never took them to Provincial Court to seek jail time.
This suggests to me that the ASC has something particularly damning against these clowns. It will be interesting to see. I know someone who lost quite a bit of money "investing" in a Lucid company, he's pretty happy these charges have been laid.
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