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

Fraser announces $176 million in housing deals with more than 60 rural communities

The federal government will roll out more than 60 housing agreements with small and rural communities across the country over the next few weeks, Housing Minister Sean Fraser announced Tuesday. Fraser said in a news conference that the deals are worth $176 million and will help build more than 50,000 housing units over the next decade.

Fraser announces $176 million in housing deals with more than 60 rural communities

Coquitlam shooting lands 2 in hospital

Police in Coquitlam say they're investigating a shooting late Sunday night that injured two people in a parking lot. Mounties say they went to the lot near Barnet Highway and Pinetree Way just before midnight on February 11th.

Coquitlam shooting lands 2 in hospital

One dead in White Rock blaze

White Rock fire officials say one person is dead after a blaze broke out in an apartment unit. Firefighters were called to the building over the weekend and contained the blaze to one apartment, but there was water and smoke damage in other areas.

One dead in White Rock blaze

B.C. and Ottawa announce $733M in federal health funding for province's seniors

British Columbia's seniors advocate welcomes newly announced federal funding for seniors' health care, and says she's particularly excited about the promise to support seniors at home. Isobel Mackenzie said she also hopes some of that money is allocated to cover home-support payments for about 70 per cent of B.C. seniors who don't qualify for the Guaranteed Income Supplement.

B.C. and Ottawa announce $733M in federal health funding for province's seniors

Man charged with first-degree murder in B.C. hit-and-run

Police on Vancouver Island have arrested and charged a man with first-degree murder in the hit-and-run death of a cyclist last week. Comox Valley RCMP say that 45-year-old Steven Squires of Cumberland, B.C., has also been charged with failure to stop after an accident causing death and remains in custody.

Man charged with first-degree murder in B.C. hit-and-run

Charities under strain as foreign students 'struggle' in Canada: Report

With nearly 500,000 international students living in the Greater Toronto Area, Khalsa Aid's national director Jindi Singh says charities are taking on more than their fair share of the load, Ottawa-based CBC news channel reported.