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 301 - 320 of 453
Respondent
Related order
Amount owing individually
Amount owing jointly
Amount outstanding
Pidgeon, Alex
$300,000.00
$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
Pimentel, Zaida (also known as Zaida Novielli)
$300,000.00
$210,241.39
(Goldpoint Resources Corporation, Pasqualino Novielli (also known as Lee or Lino Novielli), Brian Patrick Moloney (also known as Brian Caldwell), and Zaida Pimentel (also known as Zaida Novielli))
Partial
Pittoors, Hugo
$2,500.00
Full
Placencia Estates Development, Ltd.
$1,671,066.00
(Canyon Acquisitions LLC, Canyon Acquisitions International LLC, Brent Borland, Wayne D. Robbins, Marco Caruso, Placencia Estates Development Ltd., Copal Resort Development Group LLC, Rendezvous Island Ltd., The Placencia Marina Ltd., and The Placencia Hotel And Residences Ltd)
Partial
Platinum International Investments Inc.
Related Order
Robinson (Re)
$45,000.00
$113,893.90
(Platinum International Investments Inc. and Peter Robinson)
Full
Pogachar, L. Jeffrey
$750,000.00
$22,166,363.32
(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
Pollen Services
Related Order
Agueci (Re)
$2,570,713.53
Dennis Wing, Pollen Services
Full
Poole, Alexander
$2,500.00
Full
Portfolio Capital Inc.
$2,009,813.00
(Portfolio Capital Inc., David Rogerson and Amy Hanna-Rogerson)
Full
Power To Create Wealth Inc.
Related Order
Hibbert (Re)
$200,000.00
(Marlon Gary Hibbert, Ashanti Corporate Services Inc., Dominion International Resource Management Inc., Kabash Resource Management, Power To Create Wealth Inc. and Power To Create Wealth Inc. (Panama))
Full
Power To Create Wealth Inc. (Panama)
Related Order
Hibbert (Re)
$200,000.00
(Marlon Gary Hibbert, Ashanti Corporate Services Inc., Dominion International Resource Management Inc., Kabash Resource Management, Power To Create Wealth Inc. and Power To Create Wealth Inc. (Panama))
Full
Prentice, David
$550,000.00
$115,000.00
(Shane Smith, David Prentice and Synergy Group (2000) Inc.)
Full
Pro-Financial Asset Management Inc.
$193,706.52
$1,569,347.34
(Pro-Financial Asset Management Inc., Stuart McKinnon )
Partial
PSST Global Corporation
$2,525,000.00
(Chartcandle Investments Corporation, CCI Financial, LLC, Chartcandle Inc., PSST Global Corporation and Stephen Michael Chesnowitz)
Full
Pushka, Wayne Lawrence
$20,406,001.73
Crown Hill Capital Corporation (CHCC), Wayne Lawrence Pushka
Partial
Quach, Hao
$5,864,599.72
(Systematech Solutions Inc., April Vuong and Hao Quach)
Partial
Quadrexx Hedge Capital Management Ltd.
$300,000.00
$150,000.00
(Miklos Nagy, Tony Sanfelice, and Quadrexx Hedge Capital Management Ltd.)
Full
Quadrexx Secured Assets Inc.
$100,000.00
(Miklos Nagy, Tony Sanfelice, and Quadrexx Secured Assets Inc.)
Full
Rahman, Monie
Related Order
Suman (Re)
$238,913.62
(Rahman Monie and Shane Suman)
Partial
Ramoutar, Justin
$136,654.66
$555,200.12
(Rezwealth Financial Services Inc., Pamela Ramoutar, Justin Ramoutar)
Partial