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Van Sun says BCSC gets serious about Pasquill's fines

2018-08-10 08:36 ET - In the News

The Vancouver Sun reports in its Friday edition that the B.C. Securities Commission filed a claim Thursday against local fraudster Earle Douglas Pasquill and his wife to collect millions in penalties and repayments owed by Mr. Pasquill. The Sun's Gordon Hoekstra writes that the suit filed in B.C. Supreme Court is an effort to get access to assets held by Mr. Pasquill's wife Vicki Irene Pasquill -- five Vancouver residential properties assessed at $12.8-million. The suit also names other assets held by Mr. Pasquill and his wife, including investments, RRSPs and motor vehicles, of which the commission stated it does not know the details. The civil claim alleges that Mr. Pasquill's wife -- a teacher with an annual salary of $80,000 -- would not have been able to buy the properties, pay the mortgages, maintain them and build up equity if she had not received the proceeds of the fraud perpetrated by her husband. Mr. Pasquill, reached at his home by phone Thursday, declined to speak to The Sun. "I am not here at the moment," he said and hung up. Mr. Pasquill was among those highlighted in a 2017 Postmedia investigation concerning fraudsters who had not paid their penalties. He was fined $15-million in 2015.

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