National

BC man banned from investment market

Darpan News Desk The Canadian Press, 14 Feb, 2024 05:12 PM

A Vancouver man convicted of fraud has been permanently banned from B-C's investment market.

The B-C Securities Commission says a panel has concluded that Jeffrey Shaughnessy's misconduct was "extremely serious," and the man posed "a significant ongoing risk" to the public and the capital markets had the ban not been put in place.

The B-C-S-C says Shaughnessy has pleaded guilty in provincial court after convincing two couples to invest a total of 29-thousand-dollars in a speaking event.

The commission says Shaughnessy then spent the money on personal expenses, including at a casino, and has been sentenced to a three-month conditional sentence as a result

Prev Next

MORE National ARTICLES

Israeli woman with Canadian relatives has died: group

An Israeli woman with Canadian family has died, the Centre for Israel and Jewish Affairs says. The centre says the family of Tiferet Lapidot has asked that the development be shared with the media.

Israeli woman with Canadian relatives has died: group

Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their plans to stabilize prices. Earlier this month, Champagne announced that major Canadian grocers — Loblaw, Metro, Empire, Walmart and Costco — submitted initial plans to the federal government for how they will stabilize prices in the face of high inflation.

Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

Wind and rainfall warnings for BC

Environment Canada has issued several wind and rainfall warnings as a "potent" fall storm bears down along B-C's coast. The weather office says strong winds with gusts up to 110 kilometres per hour are expected over parts of northern Vancouver Island, the central coast and Haida Gwaii.

Wind and rainfall warnings for BC

Two B.C. community newspapers publish their last editions this week

Two newspapers in British Columbia are publishing their last editions this week, eliminating coverage by community papers for a large swath of the province's northeast. Glacier Media announced it is shutting down both the Dawson Creek Mirror and the Alaska Highway News out of Fort St. John.

Two B.C. community newspapers publish their last editions this week

Urn stolen in North Vancouver

Mounties in North Vancouver are asking for the public's help in locating an urn stolen from a car over the weekend. R-C-M-P say they received multiple reports of vehicle break-ins on West 21st Street around 10:30 Saturday morning.

Urn stolen in North Vancouver

B.C. to bring in law forcing Surrey to go with municipal police force

British Columbia Solicitor General Mike Farnworth has introduced legislation that will require the City of Surrey to provide policing with a municipal force in the latest jurisdictional salvo over the RCMP and the Surrey Police Service. The update in the Police Act also gives the province the authority to cancel the RCMP contract it has with Surrey, B.C.'s second most populous city behind Vancouver.