Bail granted in se­cu­ri­ties case

Times Colonist - - Business -

Port Al­berni’s Colin Heather­ing­ton has been re­leased from cus­tody fol­low­ing a bail hear­ing in Van­cou­ver on Thurs­day.

Heather­ing­ton, 43, a for­mer Vic­to­ria res­i­dent, was ar­rested in Port Al­berni a few days ago in con­nec­tion with a U.S. in­ves­ti­ga­tion into what it de­scribes as a $200-mil­lion se­cu­ri­ties fraud.

Heather­ing­ton was or­dered re­leased at a bail hear­ing un­der the Ex­tra­di­tion Act in the Supreme Court of B.C. on Thurs­day morn­ing, Heather­ing­ton’s lawyer David Martin said from Van­cou­ver.

A pub­li­ca­tion ban was im­posed by the court.

Heather­ing­ton’s next ap­pear­ance is set for Nov. 1.

Martin said he has cor­re­sponded with the fed­eral Depart­ment of Jus­tice over the years in­di­cat­ing that if the U.S. ever sought Heather­ing­ton’s ex­tra­di­tion, he would be fully co-op­er­a­tive.

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