Individuals or companies with unpaid OSC sanctions

The Ontario Securities Commission (OSC) identifies, in the list below, individuals or companies with unpaid administrative  penalties, disgorgement orders and costs, and any applicable interest, ordered against them in enforcement proceedings. Individuals or companies who have monetary sanctions against them may also have conduct bans such as trading bans and bans on acting as a director or officer of a public company. This information, if applicable, is included in the Commission order.

This list is updated quarterly.

When will an individual or company be added to this list?

Generally speaking, an individual or company who does not pay the full amount of the monetary sanctions ordered against them will be placed on this list no earlier than 30 days after the relevant Commission order is issued, unless an appeal has been filed. However, there are other situations which may affect this, such as:

  • if the Commission order contains a specific provision for date of payment, placement on the list will occur no earlier than 30 days after that date
  • if a settlement agreement expressly provides for a date for payment, placement on the list will occur no earlier than 30 days from the date in the agreement
  • if a settlement order is silent as to payment date, placement on the list will occur no earlier than 30 days from the date of the Commission order approving the settlement
  • if a Commission order or a settlement agreement stipulates dates that recurring payments are to be made by, and a payment is not made in accordance with that schedule, placement on the list will occur no earlier than 30 days from the date the payment was due

Please note: amounts owing to the OSC in proceedings that are subject to ongoing litigation or outstanding appeals or costs owing to the Commission that were imposed by courts in Ontario are not included in the list.

Respondents with requests to update or correct information should contact the OSC.

Delinquent Respondents

Results 1 - 20 of 444
Respondent
Related order
Amount owing individually
Amount owing jointly
Amount outstanding
1303066 Ontario Ltd. (carrying on business as Acg Graphic Communications)
$2,278,284.90 Axcess Automation LLC, Axcess Fund Management LLC, Axcess Fund LP, Driver, Steven M. Taylor, Berkshire Management Services Inc. Carrying On Business As International Communication Strategies, 1303066 Ontario Ltd. Carrying On Business As Acg
Full
1415409 Ontario Inc.
$3,625,000.00 (1415409 Ontario Inc., Title One Closing Inc., Ravindra Dave, Chandramattie Dave And Ametra Dave)
Full
1464210 Ontario Inc.
$30,748.50 (Richard Ochnik and 1464210 Ontario Inc.)
Full
1660690 Ontario Ltd.
$22,508,784.50 (New Life Capital Corp., New Life Capital Investments Inc., New Life Capital Advantage Inc., New Life Capital Strategies Inc., 2126375 Ontario Inc., 2108375 Ontario Inc., 2126533 Ontario Inc., 2152042 Ontario Inc., 2100228 Ontario Inc., 217
Full
1666475 Ontario Inc.
$2,181,217.94
(Basil M Toussaint, Michael Gahunia and Global Partners Capital, Asia Pacific Energy, Inc., 1666475 Ontario Inc., Kit Ching Pan, Hau Wai Cheung, Alex Pidgeon and Rafique Jiwani)
full
1778445 Ontario Inc.
$41,150.00
$37,658.18 (1778445 Ontario Inc. and Willoughby Smith)
Full
1859585 Ontario Ltd. (Operating As Sovereign International Investments)
$2,438,680.61
(Bluestream Capital Corporation, Bluestream International Investments Inc., Krown Consulting Corp., 1859585 Ontario Ltd. (Operating As Sovereign International Investments) and Peter Balazs)
Partial
2100228 Ontario Inc.
$22,508,784.50
(New Life Capital Corp., New Life Capital Investments Inc., New Life Capital Advantage Inc., New Life Capital Strategies Inc., 2126375 Ontario Inc., 2108375 Ontario Inc., 2126533 Ontario Inc., 2152042 Ontario Inc., 2100228 Ontario Inc., 2173817 Ontario Inc. and 1660690 Ontario Ltd., Paola Lombardi, L. Jeffrey Pogachar)
Full
2108375 Ontario Inc.
$22,508,784.50
(New Life Capital Corp., New Life Capital Investments Inc., New Life Capital Advantage Inc., New Life Capital Strategies Inc., 2126375 Ontario Inc., 2108375 Ontario Inc., 2126533 Ontario Inc., 2152042 Ontario Inc., 2100228 Ontario Inc., 2173817 Ontario Inc. and 1660690 Ontario Ltd., Paola Lombardi, L. Jeffrey Pogachar)
Full
2126375 Ontario Inc.
$22,508,784.50
(New Life Capital Corp., New Life Capital Investments Inc., New Life Capital Advantage Inc., New Life Capital Strategies Inc., 2126375 Ontario Inc., 2108375 Ontario Inc., 2126533 Ontario Inc., 2152042 Ontario Inc., 2100228 Ontario Inc., 2173817 Ontario Inc. and 1660690 Ontario Ltd., Paola Lombardi, L. Jeffrey Pogachar)
full
2126533 Ontario Inc.
$22,508,784.50
(New Life Capital Corp., New Life Capital Investments Inc., New Life Capital Advantage Inc., New Life Capital Strategies Inc., 2126375 Ontario Inc., 2108375 Ontario Inc., 2126533 Ontario Inc., 2152042 Ontario Inc., 2100228 Ontario Inc., 2173817 Ontario Inc. and 1660690 Ontario Ltd., Paola Lombardi, L. Jeffrey Pogachar)
full
2150129 Ontario Inc.
$1,584,377.00
(2150129 Ontario Inc., Sylvan Blackett)
Full
2152042 Ontario Inc.
$22,508,784.50
(New Life Capital Corp., New Life Capital Investments Inc., New Life Capital Advantage Inc., New Life Capital Strategies Inc., 2126375 Ontario Inc., 2108375 Ontario Inc., 2126533 Ontario Inc., 2152042 Ontario Inc., 2100228 Ontario Inc., 2173817 Ontario Inc. and 1660690 Ontario Ltd., Paola Lombardi, L. Jeffrey Pogachar)
full
2173817 Ontario Inc.
$22,508,784.50
(New Life Capital Corp., New Life Capital Investments Inc., New Life Capital Advantage Inc., New Life Capital Strategies Inc., 2126375 Ontario Inc., 2108375 Ontario Inc., 2126533 Ontario Inc., 2152042 Ontario Inc., 2100228 Ontario Inc., 2173817 Ontario Inc. and 1660690 Ontario Ltd., Paola Lombardi, L. Jeffrey Pogachar)
full
2196768 Ontario Ltd.
$906,710.03
(2196768 Ontario Ltd. Carrying on business as RARE Investments, and Ramadhar Dookhie
Full
360 Degree Financial Services Inc.
$500,000.00
(Wilton J. Neale, Multiple Streams of Income (MSI) Inc. and 360 Degree Financial Services Inc.)
full
A25 Gold Producers Corp.
$2,150,000.00
full
AD PARTNERS SOLUTIONS LTD.
$130,298.75
(TCM INVESTMENTS LTD. carrying on business as OPTIONRALLY, LFG INVESTMENTS LTD., AD PARTNERS SOLUTIONS LTD. and INTERCAPITAL SM LTD.)
full
Adams, Herbert
$891,000.00
full
Adams, James
$74,773.91
Partial