Tag Archives: vanre
Westbank pre-sold nearly 1 in 4 Kensington Garden condos — heavily marketed overseas — to flippers
By Amy Chen Prominent Vancouver property developer Westbank pre-sold nearly a quarter of all units of its Kensington Garden project — aggressively marketed in Hong Kong — to flippers, according to documents sent to ThinkPol. An industry insider sent ThinkPol
Prominent Vancouverites may be breaking the law running illegal Airbnb operations
A doctor, an engineer and a professor are among the prominent Vancouverites who appear to be breaking the law by running short term rentals on Airbnb. While short term rentals are illegal under Vancouver’s by-laws, lax enforcement has seen them grow
Vancouver to hold public hearing on legalizing short term rentals
The City of Vancouver will hold a public hearing next Tuesday on a new bylaw that would legalize and regulate AirBNB and other short term rental operations, which are currently illegal in the city.
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
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
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