‘I wanted to kill myself’: Chinese immigration scam victim

Supported By:

Net Patrol International Inc.  Data Investigation and Forensic Services
Bankruptcy and Insolvency Trustees

Chinese investor Jiang Yicheng violently sobbed before a B.C. Securities Commission panel explaining his catastrophic financial losses in a fraud allegedly perpetrated by prominent B.C. immigration businessman Paul Oei.

Jiang is one of nine Chinese investors scheduled to testify in a Securities Commission hearing for Oei, who is an influential figure among ultra-wealthy Chinese immigrants in Vancouver.

The B.C. Securities Commission has accused Oei of perpetrating a “fraudulent scheme” to invest in a proposed Metro Vancouver recycling plant.

Read more at Vancouver Sun

This article is summarized by Canadian Fraud News Inc.