Vancouver’s economy is at risk because of the city’s out-of-control housing costs, so Ottawa needs…
Rob Mangat arrested following BCSC investigation
Ravinderpaul Singh Mangat, also known as Rob Mangat, of Surrey, B.C., has been arrested following an investigation by the British Columbia Securities Commission. “It is alleged that from July 2012 to October 2014, Mangat convinced a Vancouver resident to invest...
Vancouver man, Won Sang Shen Cho, charged with illegally selling shares
A Vancouver man, Won Sang Shen Cho, is charged with illegally soliciting $270,000 from investors in contravention of a 2013 order from the B.C. Securities Commission. The commission says Won Sang Shen Cho (also known as Craig Cho, Kevin Kim and Jae Hoon Kim) is...
2 mortgage investment corporations facing fraud allegations: BCSC
The B.C. Securities Commission (BCSC) is accusing three B.C. men and two mortgage investment corporations of bilking 40 people of approximately $1.1 million dollars over a two-year period. In a notice of hearing, the BCSC alleges Donald Bruce Edward Wilson, David...
BCSC panel bans Vancouver real estate developer for fraud
A British Columbia Securities Commission (BCSC) panel has ordered monetary sanctions and permanent bans against Brendan James Schouw, a Vancouver resident, and his company Hornby Residences Ltd. for fraud. In January 2017, a BCSC panel discovered that Schouw, a real...