Fred Sharp Is West Vancouver Ex-lawyer And Investment ‘middleman’, who is alleged on an investment scheme. To know more about the lawyer leaked on Pandora Paper, stick with us in this article.
The US Justice Department and the Securities and Exchange Commission are accusing Fred Sharp of being the “mastermind” of a pump-and-dump investment scheme.
According to court documents, Fred Sharp, who went by the nickname “Bond” after the film spy, is one of six British Columbians charged by the regulator with “violating anti-fraud provisions” of the US Securities Act.
Who Is Fred Sharp Lawyer?
Fred Sharp is a former West Vancouver lawyer whose financial assets were frozen by the US Securities and Exchange Commission (SEC) following charges that he was involved in a major, long-running pump-and-dump scheme.
According to CBC News, the SEC declared on August 12 that Fred Sharp had broken anti-fraud laws in the United States.
From 2011 through 2018, he was charged under the Securities Act for “masterminding long-running fraudulent schemes that collectively produced hundreds of millions of dollars from unlawful stock sales.”
Sharp’s alleged “associates,” including five British Columbians and one Canadian living in California, have also been charged, according to the regulator, who “often worked with Sharp to dump big stock positions while obscuring their control positions.”
Fred Sharp Wikipedia Bio
Fred Sharp has not been featured on the official Wikipedia page yet.
There is not much information about his private life on the internet. However, his name, as well as his shameful deeds, were leaked on the media by Panama Paper and Pandora Paper.
He works for his own firm, Corporate House, which operates internationally through Bond and Co.
According to sources in the wealth management business, his firm is recognized as the go-to investing firm for wealthy Canadians who wish to keep their assets private and use offshore tax havens to reduce their tax burden.
The Law Society of British Columbia barred him from practicing law in Vancouver in 1995, citing allegations that he “willfully took instructions from a person who was disqualified from acting as an officer or director of a public company because of a criminal record for fraud,” as well as delivering a client’s nearly $500,000 cheque “knowing that the client had no funds in its bank account available.”
Fred Sharp Net Worth
Fred Sharp’s net worth has not been revealed to the public as of now and is currently under review.
However, following the scandals and tax frauds he is alleged to be involved in, it seems he made a good deal of money.