BCSC alleges Surrey entrepreneur misused more than $200,000 from investors
The British Columbia Securities Commission accused a Surrey entrepreneur of defrauding 14 investors after he raised $200,460 between 2021 and 2022. The commission alleges that about $146,000 went towards gambling, personal purchases and payments to third parties; the allegations have not been proven, and an initial hearing is scheduled for 18 November 2025.
The allegations concern investor funds allegedly spent on gambling and may lead to capital-markets sanctions if proven.