Silvercorp short seller accused of fraud by Canadian regulator

Thu Dec 19, 2013 2:23pm EST
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(Reuters) - A Canadian securities regulator has accused a short seller who ran a high-profile campaign against miner Silvercorp Metals Inc (SVM.TO: Quote) of fraud, the agency said on Thursday.

The British Columbia Securities Commission said in a statement that Jon Richard Carnes "wrote a false negative report" about Silvercorp and published it anonymously on a financial blog he controlled.

The regulator said there were be a hearing in February.

(Reporting by Allison Martell)