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News Release



Ontario
Securities
Commission


20 Queen St. W.
22nd Floor
Toronto, ON M5H 3S8
Commission des
valeurs mobilières
de l'Ontario
FOR IMMEDIATE RELEASE

March 16, 2018


Stanislaw Pasyk Charged with Criminal Code Offences


TORONTO – The Ontario Securities Commission (OSC) announced today that Stanislaw A. Pasyk (also known as Stan Pasyk) of Burlington, Ontario has been charged with fraud and another offence under the Criminal Code of Canada (Criminal Code) following an investigation by the OSC’s Joint Serious Offences Team (JSOT).

Mr. Pasyk has been charged with one count of fraud over $5,000 contrary to Section 380(1)(a), and one count of false prospectus contrary to Section 400(1)(a), both under the Criminal Code.

These allegations relate to the sale of over $1,000,000 worth of securities in a company called A4 Diamonds Inc. to Ontario investors between March 8, 2011 and July 31, 2017.

The OSC further alleges that a significant percentage of the money obtained was used by Mr. Pasyk for his personal benefit.

Mr. Pasyk is scheduled to appear in court on this matter on April 11, 2018 at 9:00 a.m. in Courtroom #9 at the Ontario Court of Justice, 491 Steeles Ave. E, Milton, Ontario.

Anyone who was solicited to invest in A4 Diamonds should contact the OSC’s Contact Centre at 1-877-785-1555 (Toll Free) or inquiries@osc.gov.on.ca.

To date, JSOT has pursued 40 matters involving 55 accused.

JSOT was established by the OSC as an enforcement partnership between the OSC, the Royal Canadian Mounted Police Financial Crime program and the Ontario Provincial Police Anti-Rackets Branch. The primary objective of JSOT is to protect investors and further enhance confidence in the Canadian capital markets through effective enforcement. This is accomplished through collaborative investigations of serious violations of the law using the provisions of the Securities Act or the Criminal Code.

The OSC's partnership with law enforcement allows for criminal charges to be laid by JSOT members, which include police officers seconded to the OSC. Charges laid under the Criminal Code are prosecuted by the Ministry of the Attorney General.

The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca.


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For Media Inquiries: media_inquiries@osc.gov.on.ca
For Investor Inquiries: OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)
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