Tag Archives: vancouver

Magnetic brain stimulation company CEO’s West Vancouver home with eight mortgages facing foreclosure actions

By Amy Chen The CEO of a company that developed a device that promises to cure depression using magnetic brain stimulation is facing foreclosure actions on his West Vancouver home, which carries eight mortgages. Jetmov filed a petition against Heather

China’s state-owned BC logging company cheats Canadian exporter out of millions, fails to pay workers — Lawsuit

By Amy Chen, with reports from Duncan Anderson A Canadian forestry product exporter is suing one of China’s State-owned logging companies operating in British Columbia for allegedly supplying “80% rotten logs” and tricking the exporter into assuming the forestry company’s

Fake Richmond “winery” sours business relationship leading to violence

By Amy Chen The troubled Richmond, BC-based fake “winery” accused of selling counterfeit ice wine to China created a rift between its owners and their business partners leading to violence, according to court documents. Ying Hua Yu and Tao Li

BC government investigating North Van developer’s foreign buyer tax avoidance scheme

By Amy Chen British Columbia’s Ministry of Finance is investigating a foreign buyer tax avoidance scheme run by a North Vancouver developer uncovered by ThinkPol on Sunday, a ministry official confirmed today. “Our government is committed to making sure our

North Vancouver developer advertising in China scheme to skirt foreign buyer tax

By Amy Chen A North Vancouver developer is advertising in China a scheme to circumvent Lower Mainland’s 15% foreign buyer tax on real estate through a rent-to-own arrangement. “Did you know you can buy a house in North Vancouver one

Scores of BC birthing hostels advertised in China

By Amy Chen Fancy advertisements for so called “birthing hostels” are luring pregnant women women from China to give birth to their babies on Canadian soil, promising the mothers a convenient, comfortable and healthy way to give their children Canadian

Ottawa approved fraudster to offer visas despite whistleblower warnings of immigration and Ponzi scams

By Amy Chen Canada’s immigration department approved an alleged fraudster to offer immigrant visas despite warnings from whistleblowers that the company was running a Ponzi scheme and committing immigration fraud. Former employees of Istuary Investment Group claim that they warned

Tech investors in US, Canada scammed out of millions as Ponzi operator flees back to China

By Amy Chen Investors in US and Canada who thought they were investing in a tech company but were tricked into joining an alleged real estate Ponzi scheme have been scammed out of millions, court documents show. So far, four

Istuary CEO sued for fraud, believed to have fled to China with investor money

By Amy Chen The CEO of the troubled Vancouver-based tech company Istuary is being sued by a lawyer who invested money in the firm. Vancouver Lawyer Joe G. Carangi, who invested $138,000 in Istuary Investment Fund, is alleging that CEO

Criminally charge BC Liberal donor who got away with small fine for causing construction worker’s death, petition urges

By Amy Chen The former BC government refused to pursue criminal charges against a major BC Liberal donor whose serious and repeated violations of health and safety rules were ruled in March as causing the death of a construction worker