![]() ![]() Oei was also permanently banned from acting in various capacities in securities markets. Investors, many of whom did not speak English, were told if they invested over a certain amount, that they could guarantee immigration to Canada. He used two companies to to divert a number of investments for personal use such as renting luxury cars and donating to the provincial and federal Liberal parties. In 2017, the Commission found that Oei had bragged of what he said were connections with high-profile politicians such as former premier Christy Clark and Prime Minister Justin Trudeau, to gain the trust of investors in an immigration scam. In the other case, the individual did not request a review of the decision. The request against Oei is only the second time the Commission has exercised the power to block a licence renewal. ![]() In its decision, the Commission panel said Oei “continues to show no remorse or responsibility for his role in the fraud and misappropriation in this matter and, through his own acts and words, makes clear that he has failed to accept the original findings and decision of the panel.” This advertisement has not loaded yet, but your article continues below. Manage Print Subscription / Tax Receipt.Vancouver Sun Run: Sign up & event info. ![]()
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