Vancouver man ordered to pay back $29K obtained under false pretences, BCSC says
A Vancouver man has been ordered to pay $29,000 in restitution to two couples from whom he obtained the money under false pretences, according to B.C.'s financial markets regulator.
The British Columbia Securities Commission says Jeffrey Shaughnessy was arrested and charged in 2021 for crimes that took place between September and October 2017.
During that time, Shaughnessy "promoted investment in a Vancouver business conference that ultimately never happened," the BCSC says in a statement issued Wednesday.
Shaughnessy pleaded guilty to the Criminal Code offence of "obtaining credit by false pretence." According to the BCSC, he was given a three-month conditional sentence on June 30 and ordered to pay $19,000 and $10,000, respectively, to members of the two families who provided the money.
The commission says Shaughnessy will serve his conditional sentence "under supervised house arrest."
"He is prohibited from having contact with the victims and must not sell, promote, purchase, trade or distribute any securities, or engage in investor-relations activities, among other conditions," the BCSC says.
CTVNews.ca Top Stories
'Too young to have breast cancer': Rates among young Canadian women rising
Breast cancer rates are rising in Canada among women in their 20s, 30s and 40s, according to research by the University of Ottawa (uOttawa).
Minister 'outraged' after AFN national chief's headdress taken from Air Canada cabin
The federal minister of Crown-Indigenous relations is calling on Air Canada to 'make things right' with the national chief of the Assembly of First Nations, who said her headdress was removed from an airplane cabin during a flight this week.
Sophie Gregoire Trudeau on navigating post-political life, co-parenting and freedom
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
'I was scared': Ontario man's car repossessed after missing two repair loan payments
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
Canada recognizes housing as a human right. Few provinces have followed suit
As more Canadians find themselves struggling to afford or find housing, the country's smallest province is the only one that can point to legislation recognizing housing as a human right.
What to know about avian influenza in dairy cows and the risk to humans
Why is H5N1, or bird flu, a concern, how does it spread, and is there a vaccine? Here are the answers to some frequently asked questions about avian influenza.
'Violation': CSIS had officer investigated after she reported a superior raped her
A CSIS officer's allegations that she was raped repeatedly by a superior in agency vehicles set off a harassment inquiry, but also triggered an investigation into her that concluded the alleged attacks were a “misuse” of agency vehicles by the woman.
Pro-plastic lobbyist presence at UN talks is 'troubling,' say advocates
Environmentalist groups are sounding the alarm about a steep increase in the number of pro-plastic lobbyists at the UN pollution talks taking place this week.