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 81 - 100 of 444
Respondent
Related order
Amount owing individually
Amount owing jointly
Amount outstanding
Canyon Acquisitions International, LLC
$1,519,658.00
(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
Canyon Acquisitions, LLC
$1,519,658.00
(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
Capital Investments of America
$40,000.00
$669,651.25
(Franklin Danny White, Naveed Ahmad Qureshi, WNBC The World Network Business Club Ltd., MMCL Mind Management Consulting, Capital Reserve Financial Group, and Capital Investments of America)
Full
Capital Reserve Financial Group
$40,000.00
$669,651.25
(Franklin Danny White, Naveed Ahmad Qureshi, WNBC The World Network Business Club Ltd., MMCL Mind Management Consulting, Capital Reserve Financial Group, and Capital Investments of America)
Full
Caruso, Marco
$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
Cassidy, Dianna
$10,000.00
Full
CBK Enterprises Inc.
$15,000.00
Full
CCI Financial, LLC
$2,525,000.00
(Chartcandle Investments Corporation, CCI Financial, LLC, Chartcandle Inc., PSST Global Corporation and Stephen Michael Chesnowitz)
Full
Chaddock, Douglas William
$205,333.00
$2,788,255.56
"Energy Syndications Inc., Green Syndications Inc., Syndications Canada Inc.,Douglas William Chaddock "
Full
Chambers, Desmond
$1,395,057.15
(Empire Consulting Inc. and Desmond Chambers)
Full
Chan, Allen
$67,327,000.00
$3,053,056.00
(George Ho AND Allen Chan AND Albert Ip AND Alfred Hung)
Partial
Chartcandle Inc.
$2,525,000.00
(Chartcandle Investments Corporation, CCI Financial, LLC, Chartcandle Inc., PSST Global Corporation and Stephen Michael Chesnowitz)
Full
Chartcandle Investments Corporation
$2,525,000.00
(Chartcandle Investments Corporation, CCI Financial, LLC, Chartcandle Inc., PSST Global Corporation and Stephen Michael Chesnowitz)
Full
Chau, Joe Henry
$450,000.00
$3,295,806.00
(Joe Henry Chau, Sunil Tulsiani, Maple Leaf Investment Fund Corp., and Tulsiani Investments Inc.)
Full
Cheong, John (AKA Kim Meng Cheong)
$33,496.07
(Morgan Dragon Development Corp., John Cheong (AKA Kim Meng Cheong))
Partial
Cheung, Hau Wai
$310,000.00
$2,143,459.00
(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
Chickalo, Tawlia
$262,623.00
Full
Chomica, Michael
$548,000.00
Partial
Ciccone, Vincent
$16,347,100.00
Partial
Cohen, Bruce
$48,996.00
$45,736.00
(Global Energy Group, Ltd., Vadim Tsatskin, Bruce Cohen)
Full