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
Several flight attendants from Pakistan have gone missing after landing in Canada
Multiple flight attendants from Pakistan International Airlines have abandoned their jobs and are believed to have sought asylum in Canada in the past year and a half, a spokesperson for the government-owned airline says.
BREAKING Ottawa public school board, 3 Toronto-area school boards launch lawsuit against social media giants
The Ottawa-Carleton District School Board and three school boards in the Toronto-area have launched legal action against social media giants, accusing them of "disrupting students' fundamental right to education."
Rainfall warnings of up to 90 mm among weather alerts in effect for 7 provinces
Rainfall warnings of up to 90 millimetres, air quality advisories and other alerts have been issued for seven Canadian provinces, according to the latest forecasts.
Tipping is off the table at this Toronto restaurant
A Toronto restaurant introduced a surprising new rule that reduced the cost of a meal and raised the salaries of staff.
A Nigerian woman reviewed some tomato puree online. Now she faces jail
A Nigerian woman who wrote an online review of a can of tomato puree is facing imprisonment after its manufacturer accused her of making a “malicious allegation” that damaged its business.
Donald Trump assails judge and his daughter after gag order in N.Y. hush-money criminal case
Donald Trump lashed out Wednesday at the New York judge who put him under a gag order that bars him from commenting publicly about witnesses, prosecutors, court staff and jurors in his upcoming hush-money criminal trial.
A fight to protect the dignity of Michelangelo's David raises questions about freedom of expression
Michelangelo's David has been a towering figure in Italian culture since its completion in 1504. But in the current era of the quick buck, curators worry the marble statue's religious and political significance is being diminished.
Doctors visiting a Gaza hospital are stunned by the war's toll on Palestinian children
An international team of doctors visiting a hospital in central Gaza was prepared for the worst. But the gruesome impact Israel’s war against Hamas is having on Palestinian children still left them stunned.
China's latest EV is a 'connected' car from smart phone and electronics maker Xiaomi
Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country's booming but crowded market for electric cars.