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Re: flyersdh post# 26976

Thursday, 08/21/2014 3:51:55 PM

Thursday, August 21, 2014 3:51:55 PM

Post# of 50830
Thanks flyers. What a crook, this Chua POS CEO.

¶ 19 Based on the evidence before us and the lack of any corroborating evidence
regarding the use of funds, we find that not all of the investors’ funds were spent
on legitimate Oriens expenses.

¶ 20 But even if we accept Chua’s evidence that the payments to him and related
parties were reimbursements for their payments of legitimate Oriens expenses,
that does not alter the fact that Chua took money from investors under a
misrepresentation and then used some of it to pay himself and his family and
recover some of their own money at the expense of the investors.

¶ 21 We therefore find that Chua was personally enriched by the investors’ funds.



http://www.bcsc.bc.ca/Inc/ViewDoc.asp?DocNum=K7J7M6E5M7G4Q7O9E6XDQ7NEK7C3&s=False

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