Tag: Olubode Fagbamiye

17 MONTHS AND COUNTING….COWARDS AT BC SECURITIES COMMISSION REMAIN MUTE!

For 17 months now I have been posting in this blog – some of the posting have been direct and to the point.   I have challenged staff at the BCSC to refute anything they have read, I have reached out and tried to contact staff at the BCSC and challenged them to answer very simple questions.  We have even had some of the former investors contact the BCSC and and the cowards running their offices will not even respect these requests.    We have posted some very unflattering things about BCSC Chair Brenda Leong, Staff Litigators Olubode Fagbamiye and C. Paige Leggat, the complete failures of Lead Investigator Elizabeth “Liz” Chan, and the actions of other BCSC Staff including Colette Colter, Alan Keats, Peter Brady and Paul Bourque.    And yet through it all, they have remained completely silent.  They have not even had there very expensive legal representatives contact me to have me take down this blog…

Why?    Because everything I am saying is accurate and they do NOT want to challenge me in a real courtroom.   They truly are run by a group of misfits that do not have the best interests of investors at heart – despite this being part of their mandate.

We have recently been in contact with another group that was railroaded by the BCSC and their story is even worse than ours – stayed tuned for more!

 BCSC Chair Brenda Leong

Executive Director Paul Bourque (Former)

    C. Paige Leggat

 Elizabeth “Liz” Chan

 Executive Director Peter Brady

DID “GUTLESS” LAWYERS C PAIGE LEGGAT AND OLUBODE FAGBAMIYE MANIPULATE EVIDENCE?

At the conclusion of the hearing, the Panel Chair instructed both parties to complete Written Submission on Liability.  These documents argued the points brought up during the hearing and gave the parties the ability to prove (or disprove) the allegations brought forward in the Notice of Hearing.

One of the key documents involved in the hearing was the Offering Memorandum(s) (“OM’s”) used by the Respondents to raise capital.  For those that invested with the Respondents, you will remember this document as one you were given at the time you invested.    The BCSC (and other securities jurisdictions) allow an OM Exemption when raising capital in the securities market.

On May 16, 2014, the Respondents received the Executive Directors Submissions on Liability and began reviewing the points brought forward by Staff.  We read them from cover to cover a couple of different times and soon noticed something very particular….

Unfortunately, at paragraph #10 of their submissions, Staff resorted to physically changing the appearance of the document.   We feel they did this to suite their theory (and main allegation) that the Respondents did not forward the MAJORITY of the funds to the Developer.   This was the big $5.45 million fraud allegation that was ultimately dismissed by the Panel.   Let’s take a look at paragraph #10 as it appears in their submissions….

Staff's Submission on Liability - paragraph 10And now, for those of you that don’t have the FCC or DCF Offering Memorandums in front of you, this is how the document looked – keep in mind this document was relied upon at all times to raise capital for the projects, and Staff were suppose to have the onus of proving the case as alleged in the Notice of Hearing:

FCC OM's as they Actually Appear Continue reading DID “GUTLESS” LAWYERS C PAIGE LEGGAT AND OLUBODE FAGBAMIYE MANIPULATE EVIDENCE?

WHY WON’T SPINELESS OLUBODE FAGBAMIYE OF THE BCSC ANSWER OUR QUESTIONS?

ORIGINALLY POSTED ON DECEMBER 5, 2016

In a former post in this blog a few weeks ago, we told a story of one of our former investors calling the BCSC to ask questions regarding our matter.  Unfortunately, whomever she spoke to at the Commission hung up on her before she could get ANY answers to the questions she had for them.

Today, we thought we would try to get answers from Staff Litigator Mr. Olubode Fagbamiye (the Staff Litigator that worked directly on my file) from essentially day 1.  He was one of the lawyers (the other being C. Paige Leggat) that was present during the hearing and he was certainly there during the period of time we presented our settlement Offer that would have seen the investors participate in the successful Deercrest property (without involvement from Staff at West Karma Ltd.).

As you will see in the video below, we did not waste Mr. Fagbamiye’s time and asked him 3 very direct questions.     It is almost laughable his replies (or lack there of) to our repeated questions.

IT IS OUR OPINION THIS VIDEO CONFIRMS EVERYTHING WE HAVE BEEN SAYING THE ENTIRE TIME.   AND IT REMAINS OUR OPINION BY FAILING TO RESPOND TO OUR QUESTIONS THE BCSC (AND THEIR STAFF) ARE COMPLETELY INCOMPETENT IN RUNNING THE SECURITIES INDUSTRY IN THIS PROVINCE!  

Shame on them all!   Especially this incompetent spineless amoeba that happened to work on our file (manipulating the evidence and not taking a valid settlement offer to the Executive Director).

 

For all former investors in both FCC and DCF, we encourage you to watch the video – now more than every you need to contact (phone, mail, email, fax) and get these questions answered.

They cannot ignore all of you!   As you can see, Fagbamiye’s phone number is 604-899-6790 and the main line is 604-899-6500.   Call them today – record the call or have someone witness the call for you.    Email them weekly if you need to!

It is time they are held accountable for THEIR actions in the West Karma matter.

 

 

DID BCSC STAFF LAWYERS C. PAIGE LEGGAT AND OLUBODE FAGBAMIYE MANIPULATE EVIDENCE?

At the conclusion of the hearing, the Panel Chair instructed both parties to complete Written Submission on Liability.  These documents argued the points brought up during the hearing and gave the parties the ability to prove (or disprove) the allegations brought forward in the Notice of Hearing.

One of the key documents involved in the hearing was the Offering Memorandum(s) (“OM’s”) used by the Respondents to raise capital.  For those that invested with the Respondents, you will remember this document as one you were given at the time you invested.    The BCSC (and other securities jurisdictions) allow an OM Exemption when raising capital in the securities market.

On May 16, 2014, the Respondents received the Executive Directors Submissions on Liability and began reviewing the points brought forward by Staff.  We read them from cover to cover a couple of different times and soon noticed something very particular….

Unfortunately, at paragraph #10 of their submissions, Staff resorted to physically changing the appearance of the document.   We feel they did this to suite their theory (and main allegation) that the Respondents did not forward the MAJORITY of the funds to the Developer.   This was the big $5.45 million fraud allegation that was ultimately dismissed by the Panel.   Let’s take a look at paragraph #10 as it appears in their submissions….

Staff's Submission on Liability - paragraph 10And now, for those of you that don’t have the FCC or DCF Offering Memorandums in front of you, this is how the document looked – keep in mind this document was relied upon at all times to raise capital for the projects, and Staff were suppose to have the onus of proving the case as alleged in the Notice of Hearing:

FCC OM's as they Actually Appear Continue reading DID BCSC STAFF LAWYERS C. PAIGE LEGGAT AND OLUBODE FAGBAMIYE MANIPULATE EVIDENCE?