In Sari, British Colombia is claimed that a man used the money obtained from investors to finance important Gambling.
According to Securities Committee BC (BCSC) in Canada, David Lawrence Pazoreck acquired $ 200,460 ($ 145,600) from 14 investors as a single operator behind the Pazman Promotions, which is said to be “in the area of purchase and allocating branded goods for other companies.”
At the present time, no allegations were proven against Bazurrick, as the committee is scheduled to hold a hearing on this issue.
According to BCSC, it is said that the alleged fraudulent activity occurred between January 2021 and May 2022, where Pazurik uses gambling revenues and other personal spending.
A press release from the committee detailed how nearly 75 % of the money collected, about $ 146,000, was also burned with some payments to Pazoric partners.
As a result, BCSC claims that he committed a breach of fraud under the province Securities Law.
BCSC for the schedule of a hearing on the alleged breach law for securities
The scheme’s hypothesis was an investment in the arrangement of profit sharing, by supporting sales contracts in Pazman Promotions. Customers have advised that they will be in the “payment of their money in addition to a specific amount of profits in a short period of time.”
Contact from the BC authority that this was not achieved, with no returns for investors, as he pledged.
Pazurik or its representatives were now called to submit an application to the BC Securities Committee on November 18, before specifying a hearing to judge the situation.
As an independent governmental body, the BCSC jurisdiction is to set rules, provide supervision and implement implementation in the investment market, to ensure that it is “honest, fair, competitive and dynamic.”
Credit image: IJF
Pamphlet BCSC claims investment fraud to finance gambling First appear on reading.
[og_img]
Source link