The British Columbia Securities Commission alleges that Connor Sinclair Gardiner-Ingram, described as a former Comox resident, committed fraud involving cryptocurrency trading and raised approximately $4.6 million from dozens of investors. According to the commission, the funds were obtained through a scheme tied to a cryptocurrency trading bot. The commission says investor money was used primarily for Gardiner-Ingram’s personal expenses rather than for the promised investment activities. Reports indicate that money raised from investors is alleged to have been spent on items and services such as travel, jewelry, luxury goods, vehicles, transfers to family members, and cash withdrawals. The allegations describe the conduct as fraudulent and focus on both the amount raised and the use of investor funds. The matter is presented as an accusation by the securities regulator; the reports do not indicate a final outcome. The Securities Commission’s allegations are based on its enforcement position, as described in the coverage by Business in Vancouver and the Vancouver Sun.