National

1M dollar investor theft in North Vancouver

Darpan News Desk The Canadian Press, 21 Aug, 2024 03:41 PM

A North Vancouver man has been sentenced to three years in prison after stealing close to one-million dollars U-S from investors.

The B-C Securities Commission says Ward Derek Jensen was sentenced in provincial court after pleading guilty to theft over five-thousand dollars.

The commission says its criminal investigation found Jensen stole more than 970-thousand dollars from nine investors between 2007 and 2017 under the pretense of investing the money in a private fund and promising lucrative returns.

It says Jensen concealed his theft and trading losses by sending his victims forged monthly statements, and he's been ordered to pay more than 900-thousand dollars in restitution to the victims in addition to the prison time.

Prev Next

MORE National ARTICLES

B.C.'s Shetland Creek wildfire, which destroyed multiple homes, now considered 'held'

The large wildfire that destroyed multiple homes in British Columbia's southern Interior last month is now considered "held." BC Wildfire Service says the 280-square-kilometre Shetland Creek wildfire is not likely to spread further, but crews still have hard work ahead.

B.C.'s Shetland Creek wildfire, which destroyed multiple homes, now considered 'held'

Four found dead in homicide investigation in McCreary, Manitoba

Mounties in Manitoba say they are investigating four deaths in and around the small community of McCreary, northwest of Winnipeg. RCMP Staff Sgt. Richard Sherring says around 10 a.m. today, officers acting on a tip found the body of a 41 year-old man on a road who had died from a self-inflicted injury.

Four found dead in homicide investigation in McCreary, Manitoba

Classroom space to be boosted in Surrey School

A Surrey high school is about to boost its classroom space in a big way. The province says it will invest 78.6-million-dollars on a four-storey addition to Fleetwood Park Secondary School. The new expansion will add 800 student seats and is set to include a neighbourhood learning centre, an Indigenous learning and meeting space as well as a space for child-care.

Classroom space to be boosted in Surrey School

B.C. man sentenced to four years for manslaughter in girlfriend's shooting death

A man who told police he was "joking around" with his girlfriend when he fatally shot her in the head has been sentenced to four years in prison for manslaughter with an additional six months for possessing a rifle without a licence. The British Columbia provincial court decision in Vancouver says Trevor Brown was 18 when he shot Anichka Loeffler, who was also 18, in November 2020.

B.C. man sentenced to four years for manslaughter in girlfriend's shooting death

Injured B.C. bear put down after being fed watermelon: RCMP

RCMP in Coquitlam say an injured bear had to be put down after officers discovered that residents had been feeding it. They say police and the BC Conservation Officer Service went to a neighbourhood in Coquitlam on Wednesday and found an injured bear surrounded by a large crowd.

Injured B.C. bear put down after being fed watermelon: RCMP

Ottawa still mulling over bonus for CEO of CBC, but won't make decision public

The Liberal government said it has not yet made a decision on whether it will grant a bonus for the head of CBC after the public broadcaster eliminated hundreds of jobs. But because of the Privacy Act, it will likely be up to CEO Catherine Tait to publicly disclose if she does receive one, as she has done in past for the 2021-22 fiscal year at a past Canadian Heritage committee.