The Aftermath of the Bre-X Minerals Ltd Scandal The Bre-X fraud was perpetrated by the simple act of contaminating core samples with gold dust taken from gold jewelry and other mining sites. With the highly suspicious death of Michael de Guzman in 1997, as well as the subsequent death by ...
put out a press release stating that Bre-X was a fraud. Several books were eventually written. David Walsh, the President of Bre-XMinerals, who I believe was totally duped, dies of a brain aneurysm. The Ontario Securities Commission’s case against the only survivor of the original...
Bre-X Minerals Ltd.Subject Areas: Investments. gold mining, securities fraud, securities regulation, financial analysts, emerging markets Case Setting: June 1997, in North AmeSocial Science Electronic Publishing
Start with the biggest deposit ofgoldever reported, in the headwaters of the Busang River in the steaming jungle of Borneo. The Canadian company Bre-X Minerals Ltd. didn't know about that when it bought rights to the site in 1993. But after Bre-X hired a high-livinggeologistto map the...
bre-x minerals ltd. collapsed in 1997 amid allegations its massive gold find in indonesia was a fraud, prompting a flurry of police investigations, regulatory probes and lawsuits seeking up to $5-billion in damages for shareholders. now, 16 years...
Felderhof formally charged in Bre-X mining fraud case.Reports on the criminal charges filed against Bre-X Minerals Ltd. vice-chairman John Felderhof by the Ontario Securities Commission (OSC). Allegations against Felderhof; List of witnesses for the case....
Reports on Bre-X Minerals Ltd.'s $7 million offshore trust fund which was set up in December 1996, five months before its Indonesian gold find was revealed as a fraud. The monitoring of the firm by Price Waterhouse Ltd.EBSCO_AspMacleans...
Bre-X Files Complaint in Massive Gold Swindle Canadian Investigators Are Widening Their ProbeThe Royal Canadian Mounted Police said Wednesday they had received a fraud complaint from embattled Bre-X Minerals Ltd. as investors tallied up their losses from history's biggest gold swindle....
RCMP on Bre-X trail.Announces that six Royal Canadian Mounted Police officials flew to Indonesia to search for evidence of fraud in the collapse of Bre-X Minerals Ltd., the Calgary, Alberta-based gold exploration company.EBSCO_AspMaclean's...
Reports on the difficulties investors face in their attempts to recover funds lost in the Bre-X Minerals Ltd. case of stock market fraud. Investor Gaston Rajakaruna and his attempts to recover money; Lack of criminal findings by the Canadian Royal Mounted Police and why the decision was made ...