How accused ‘pump and dump’ perpetrators allegedly controlled a B.C. telemedicine company

Regulators say scheme netted masterminds $46 million while leaving other investors out in the cold

Zak Vescera
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Zak Vescera

16 April, 2024 • 7 min read

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Blurry photo of the TSX Venture Exchange stock ticker.

B.C. securities regulators say Core Capital Partners and six people affiliated with it made millions by taking over companies, issuing misleading statements to inflate their valuation and then selling their stake. (CP/AP Images)

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In 2017, Karl Haase invested in a Vancouver health-care company he thought could make a difference for aging adults.

News releases for Reliq Health Technologies Inc. boasted a compelling product, an experienced CEO and a lucrative contract with a home health-care provider in Texas that had brought the company to profitability.

How accused ‘pump and dump’ perpetrators allegedly controlled a B.C. telemedicine company

Zak Vescera

Zak Vescera

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