This week, a British Columbia Securities Commission (BCSC) panel permanently banned Tin Chao Alan Lau from B.C.’s capital markets for fraud involving a Richmond-based, non-profit seniors’ centre. In June, the panel found that Lau, a founder and director of the centre, persuaded an elderly volunteer at the facility to invest $50,000 in the seniors’ centre in December 2013. Lau told the investor that his money would be used to buy and resell goods to low-income seniors.
RICHMOND NEWS – SEPTEMBER 22, 2016.
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