A former Abbotsford woman who operated payday loan businesses that bilked investors out of millions of dollars has been ordered to pay $37 million to the B.C. Securities Commission (BCSC).
The BCSC panel announced on Friday (Feb. 19) that it has fined Doris Elizabeth Nelson $18.5 million – the difference between the money deposited by investors and the money paid out to them – and an administrative penalty of $18.5 million.
VIKKI HOPES – Chilliwack Progress – February 27, 2016.
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