Decisions and Freeze and cease trade orders
On April 22, 2013, Pierre Jolicoeur, director of B.M.T. 06 Capital Corporation, pleaded guilty at the Saint-Joseph-de-Beauce courthouse to 59 charges of fraud, fraud against creditors, obstructing justice and money-laundering. He will return to court on September 13, 2013 for a sentencing hearing.
The AMF intervened in this matter for the first time in July 2010 when it asked the Bureau de décision et de révision (the "Bureau") to freeze all of Pierre Jolicoeur's property and order him to cease any activity in respect of securities. In April 2011, the AMF intervened again to freeze the proceeds of the illegal sale of property belonging to Pierre Jolicoeur.
In June 2011, the financial market crime unit of the Sûreté du Québec arrested Pierre Jolicoeur This link will open in a new window and conducted searches in the Saint-Joseph-de-Beauce region. The financial market crime unit is made up of members of the Sûreté du Québec and the AMF.
The freeze and cease trade orders issued in 2010 are still in effect and the AMF is working with the Director of Criminal and Penal Prosecutions to follow up on this matter.