Former notary raised millions for Ponzi scheme, regulators allege
Former notary raised millions for Ponzi scheme, regulators allege
Apr 5, 2012 6
(VancouverSun) - The B.C. Securities Commission has formally accused former Vancouver notary Rashida Samji of perpetrating a massive fraud on investors.
In a notice of hearing Wednesday, commission enforcement staff allege that from 2003 to January this year, Samji raised $83 million from 218 investors for what she purported to be a "secure investment" in a winery that would yield six to 30 per cent annually.
Comments