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Dhanani, Ayaz (aka Azim Virani, Michael Lee, Alex Nebris, Paul Dhanani, Samuel Ramos and Rahim Jiwa)

  • Result:

    Pleaded guilty
  • Date of Sentencing:

    2018-11-22

Location:

    Vancouver

Charges:

  • 1 Count - Contravention of Securities Act - Securities Act s.155(1)(c)
  • 1 Count - Distributing securities without a prospectus - Securities Act s.61(1)(a) / s.155(1)(b) 
  • 1 Count - Making misrepresentations - Securities Act s.50(1)(d) / s.155(1)(b)

Sentence:

  • Jail: 6 months
  • Restitution: $60,240

Supporting Documents:

  • Result:

    Pleaded guilty
  • Date of Sentencing:

    2018-10-11

Location:

    Vancouver

Charges:

    2 Counts - Fraud over $5000 - Criminal Code s.380(1)(a)

Sentence:

  • Jail: 14 months
  • Probation: 18 months
  • Restitution: $48,757.63

Supporting Documents:

  • Result:

    Pleaded guilty
  • Date of Sentencing:

    2018-10-11

Location:

    Vancouver

Charges:

    1 Count - Fraud over $5000 - Criminal Code s.380(1)(a)

Sentence:

  • Jail: 4 months
  • Probation: 18 months
  • Restitution: $20,000.00

Supporting Documents:

Historical Administrative Proceedings: