Ontario Court of Justice Convicts Einar Bellfield of Securities Offences
Pour diffusion immédiate Before the Court OSC
Toronto - On September 17, 2001, the Honourable Mr. Justice Fairgrieve of the Ontario Court of Justice found Einar Bellfield guilty on all five counts of trading in securities without being registered to trade in such securities contrary to section 25(1) of the Securities Act, in circumstances where Mr. Bellfield had been banned from trading pursuant to an order of the Ontario Securities Commission dated February 5, 1991. Mr. Bellfield was found to have carried out a significant number of trades through various brokerage houses between the periods of May 1, 1995 and September 30, 1995.
Yesterday, Mr. Bellfield was sentenced on these charges to a 12 month term of probation, during which he will be required to perform 80 hours of community service.
Yesterday, Mr. Bellfield was sentenced on these charges to a 12 month term of probation, during which he will be required to perform 80 hours of community service.
- 30 -
| For Media Inquiries: | Frank Switzer Director, Communications (416) 593-8120 Michael Watson Director, Enforcement Branch 416-593-8156 |
| For Investor Inquiries: | Call the OSC Contact Centre (416) 593-8314 1-877-785-1555 (Toll Free) |