Skip navigation

 Login or Register | Member Centre

Posted AT 11:36 AM EDT on 31/07/07

Bre-X's Felderhof found not guilty

Globe and Mail Update

John Felderhof has been found not guilty of insider trading after selling $84-million of Bre-X Minerals Ltd. shares in 1996, before the world learned there was virtually no gold at Bre-X's Busang site in Indonesia. Mr. Felderhof, former vice-chairman and chief geologist, was the only person to face charges in the Bre-X scandal, which saw investors lose $6-billion after tests in 1997 revealed core samples had been faked and Bre-X was the world's largest mining fraud.

The full text of this article has 806 words.

To continue reading this article, you will need to purchase this article.

Already have a member account? Login now

Pay-Per-View Offers To read the complete article, select one of the following options

Purchasing from globeandmail.com is quick and secure.

Single Article: $4.95

4-pack: $17.95

Back to top