OSC Charges Xiao Hua Gong (Edward Gong) with Criminal Fraud Offences
December 21, 2017
TORONTO – The Ontario Securities Commission (OSC) announced today that Xiao Hua Gong (also known as Edward Gong) of Toronto, Ontario has been charged with fraud and related offences under the Criminal Code of Canada (Criminal Code) following a lengthy investigation by the OSC’s Joint Serious Offences Team (JSOT).
Specifically, Gong has been charged with the following Criminal Code offences, spanning a period from January 1, 2012 to December 20, 2017:
one count of fraud over $5,000 contrary to Section 380(1)(a);
one count of possession of property obtained by crime contrary to Section 354(1);
one count of laundering proceeds of crime contrary to Section 462.31; and
one count of uttering a forged document contrary to Section 368(1)(b).
These allegations relate to the fraudulent sale of hundreds of millions of dollars of securities in two companies, O24 Pharma PLC (O24) and Canada National TV Inc. (CNTV), to Chinese citizens. The OSC alleges that both companies are controlled by Gong and the sale of their securities was orchestrated by Gong from the Greater Toronto Area (GTA).
The OSC further alleges that a significant percentage of the money obtained by this scheme was directed to Gong’s bank accounts in Canada which he then used for his personal benefit.
On Thursday, December 21, 2017, OSC staff, the Royal Canadian Mounted Police and the Toronto Police Service executed search warrants on premises in North York, including Gong’s residence and alleged place of business.
JSOT Staff and police are seeking to arrest Mr. Gong.
The OSC conducted this investigation with assistance from members of the Economic Crime Investigation Department, Ministry of Public Security of the People’s Republic of China, the Northern Asset Recovery Unit, Financial Crime Group of the New Zealand Police and the Royal Canadian Mounted Police. The OSC is grateful for the valuable support of these organizations and the help provided by members of the Toronto Police Service during the execution of the search warrants.
The OSC asks that anyone who invested in O24 or CNTV please call the OSC Contact Center at the number below.
JSOT was established by the OSC as an enforcement partnership between the OSC, the Royal Canadian Mounted Police Financial Crime program and the Ontario Provincial Police Anti-Rackets Branch. The primary objective of JSOT is to protect investors and further enhance confidence in the Canadian capital markets through effective enforcement. This is accomplished through collaborative investigations of serious violations of the law using the provisions of the Securities Act or the Criminal Code.
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at www.osc.ca
加拿大黎生
2023-6-7 08:10:02
賺唔少啦hold到今年
:^(
:^(
:^(
CapaCitor
2023-6-7 08:11:06
:^(
CapaCitor
2023-6-7 08:12:01
600k冇咩
CNTower
2023-6-7 08:14:15
https://www.ontario.ca/page/apply-ohip-and-get-health-card
Who qualifies
With certain exceptions, to qualify for OHIP, you must meet all of the minimum qualifications listed below plus at least one of the additional requirements.
To meet the minimum qualifications you must:
be physically in Ontario for 153 days in any 12‑month period
be physically in Ontario for at least 153 days of the first 183 days immediately after you began living in the province
make Ontario your primary residence
You must also meet at least one of the following additional requirements. You:
are a Canadian citizen
are an Indigenous person (registered under the federal Indian Act)
are a permanent resident (formerly called a “landed immigrant”)
are applying for permanent residence in Canada and:
have submitted an application to Immigration, Refugees and Citizenship Canada (IRCC) and;
IRCC has confirmed they have reviewed the application and that you meet the eligibility requirements to apply (see document requirements);and
you have not yet been denied
are in Ontario on a valid work permit and are working full-time in Ontario, for an Ontario employer, for at least six months
if you meet this requirement, your spouse and dependants may also qualify for OHIP
are in Ontario on a valid work permit under the federal Live-in Caregiver Program
are a convention refugee or other protected person (as defined by Immigration and Refugee Board of Canada)
have a Temporary Resident Permit (only certain case types, e.g. 86 through 95)
are a clergy member who can legally stay in Canada and will be ministering full time in Ontario for at least six months
if you meet this requirement, your spouse and dependants may also qualify for OHIP
綠帽鹿角
2023-6-7 08:15:24
一面山之嘛
:^(
同埋唔係話伸就伸架
有土著保留地
Pistachio
2023-6-7 08:16:34
最後政府會唔會查佢疑似收政治黑金？
Ads
我碌鳩係賓州
2023-6-7 08:17:52
有樣野想問好耐
假設一對couple total 搵150k/yr
一個搵100k另一個搵50k or
各自都搵75k, 係咪後者會交少d稅？
價錢真係平太多
然後有左車之後先後悔個陣IKEA買枱買凳
二手大把靚仔啲又平啲