Bruce Strebinger

Quick summary on Bruce Strebinger

Bruce Strebinger, once a key player in Vancouver’s fraudulent stock schemes, was permanently banned by the SEC after being caught running a multi-million-dollar stock manipulation operation. He and his accomplice, Brent Chapman, falsely promoted shares of Americas Energy using deceptive tactics, resulting in severe penalties and regulatory action.

Fraudulent Activities: Strebinger orchestrated the illegal sale of Americas Energy shares through misleading stock promotions, inflating their value using fake reports like the “Intelligent Investor Report.” These actions misled investors into buying shares that eventually plummeted in value.

SEC Ruling and Penalties: Strebinger was ordered to pay a fine of $1.5 million and was permanently banned from penny stock trading. He and Chapman were also required to pay back the profits made from their illegal activities. The total money recovered was $4.3 million, with $12.7 million still unaccounted for.

Offshore Schemes and Concealed Involvement: To cover their tracks, Strebinger and Chapman used a network of offshore accounts and companies, obscuring their identities and manipulating stock prices. This complex web of deceit prolonged their fraudulent activity, involving billions of dollars in hidden assets.

Current Status: Despite his criminal past, Strebinger claims to have turned a new leaf as a luxury real estate expert. He now presents himself as a specialist in the property market, focusing on single-family homes and development projects.

Bruce Strebinger’s involvement in financial fraud highlights the dangers of stock manipulation and the severe consequences of corporate deceit. His story serves as a cautionary tale about the need for vigilance in financial investments.