00:28:51 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Van Sun says BCSC target Samji denied appeal

2018-06-04 09:14 ET - In the News

The Vancouver Sun reports in its Saturday edition that the Supreme Court of Canada has dismissed a leave to appeal by former Vancouver notary Rashida Samji of her criminal conviction for operating a $110-million Ponzi scheme. The Sun's Gordon Hoekstra writes that the decision by the high court not to hear Ms. Samji's appeal was announced Friday. It means that Ms. Samji, who had been out on bail pending the decision, will now serve her six-year sentence handed down in B.C. Supreme Court in 2016. In her Supreme Court of Canada appeal, Ms. Samji had made similar arguments as she had at the B.C. Court of Appeal, that because she had already been penalized by the B.C. Securities Commission she should not face a criminal conviction. The country's top court did not provide reasons for its decision not to hear the appeal. In 2017, the B.C. Court of Appeal dismissed Ms. Samji's bid to throw out her criminal conviction for fraud. She launched her appeal on the basis that she should not face jail time when she has already been fined $33-million by the B.C. Securities Commission. In its decision, the Court of Appeal ruled that while the commission had issued a substantial administrative penalty, it was not punitive.

© 2024 Canjex Publishing Ltd. All rights reserved.