Class Action Lawsuit Against Platinum Equities

Links in the News:

Sept 15 2012: Platinum Equities faces ASC hearing -Calgary Herald

Sept 14 2012: Alberta Securities Commission alleges illegal distributions, prohibited representations and unfair practices in sales of securities by Platinum Equities Inc. - ASC site

Sept 14 2012: Calgary firm raised $58-million while misrepresenting facts to investors: regulatorThe Globe and Mail

Sept 14 2012: Alberta regulator accuses real-estate syndicator of illegal distributionsCanadian Business

Sept 14 2012: ASC alleges illegal distributions, prohibited representations and unfair practices in sales of securities by Platinum Equities Inc. – Sacramento Bee

Sept 12 2012Alberta Securities Commission – Notice of Hearing on Platinum EquitiesAlberta Securities Commission

Sept 10 2012:Class-action lawsuit launched against Calgary company - CBC

Sept 10 2012:INVESTORS MEET OVER CLAIMS OF BEING MISLEAD IN $160M DEAL – Sun News

Sept 9 2012:Suit alleges building-management firm took at least $160 million from nearly 2,200 people - The Province

Key Dates:

Sept 12 2012: Alberta Securities Commission alleges illegal distributions, prohibited representations and unfair practices in sales of securities by Platinum Equities Inc.

Sept 6 2012: Class action suit filed against Platinum Equities, involving key figure from Concrete Equities. The players involved include Dave Humeniuk, who has been sanctioned by the Alberta Securities Commission, and carries a life time ban for offences related to the Real Estate Commission of Alberta. Mr. Humeniuk was sanctioned by Alberta Securities Commission (ASC) in January 2012, for not disclosing this ban in Offering Memorandums prepared while he was involved with Concrete Equities,Shariff H. Chandran, who has been convicted for misrepresenting himself as a realtor, and Riaz Mamdani. (SHARIFF H. CHANDRAN, also known as S.H. Chandran, Sri Chandran and Srinivansan Chandran)

Class Action Lawsuit Against Platinum Equities

June 25, 2012, McGuigan Nelson LLP filed an Action in the Court of Queen’s Bench of Alberta to advance a claim on behalf of all investors and/or limited partners and/or shareholders in the projects listed in the link below. If you were an investor in one or more of those projects, the Statement of Claim contemplates your investment loss and will be advanced on your behalf. They have separate sub-classes in the lawsuit for each investment, which is generally listed in the link below. The Statement of Claim names many more parties, to incorporate the various corporations at issue with each investment. This is being advanced upon a class action basis, which further contemplates sub-classes for each limited partnership.

McGuigan Nelson LLP Web Site Links:

09/14 ASC lays charges against Platinum Equities more

09/11 Summary of News Coverage - Platinum more
09/11 Hundreds of Investors Attend Town Hall Meeting more
09/10 Important Information about Platinum Equities Class Action Lawsuit more
09/10 CBC The National reports on Platinum Equities Class Action Lawsuit more
09/06 Platinum Class Action Statement of Claim being Amended more
09/06 Press Release relating to Platinum Equities Class Action Lawsuit more
09/05 Message to Dominion (Qualia V) and Lucaya Investors more
08/31 Platinum Class Action: Lucaya Sale more

Thursday, December 16, 2010

Lucaya

92 comments:

  1. Has anyone been able to contact Platinum with regards to what is going on with Lucaya? I have been unable to get a reply from them.

    ReplyDelete
  2. I have been in phone contact with Geoff Filson on a few occasions over the last year. Last month he advised me that he was currently investigating options for the site, including seeking partners to progress an opportunity for a much smaller building to be utilized as an extended care facility (old age home).

    ReplyDelete
  3. Steve Van Die of Platinum indicated to me one year ago that they were in discussions with the city of Kelowna to have the Lucaya site used in conjunction with a new convention centre the city is building. The latest information I have from Platinum is the Q2 2010 update Steve sent August 13th. I haven't been able to gather any more recent information from them recently.

    ReplyDelete
  4. Thanks worried_investor. I don't know why Geoff Filson and the rest of the Platinum staff can not be more forth coming with their information on these projects. A monthly/quarterly newsletter with a quick bullet point list of all the projects would do a lot to sooth investor angst! Well hopefully this project can find some legs, this 2+ years of nothing is frustrating!

    ReplyDelete
  5. Received by a Lucaya investor Dec 10, 2010 following update request

    We are grinding through the long process of litigation against the developer and related parties at the moment. We have recently been able to tie up about $800K of their cash assets through a court ruling. This is a positive result since it reinforces our position that our claim is one that should be heard by the Court.

    From the development side, there is very little to report. We continue to explore development options but the market in Kelowna is very soft at the moment and is expected to remain so for some time to come.

    As we get into the spring we will be re-evaluating our options.

    Sincerely,

    Geof Filson, VP Business Development
    Platinum Equities Inc.

    ReplyDelete
  6. Thank you Geoff for the response. It is much appreciated.

    ReplyDelete
  7. Why not put this project up for sale as is, and forget about completing the structure

    ReplyDelete
  8. Does Platinum actually own the land now?
    If not obviously they can't sell it.
    If yes what is its appraised value versus how much capital was originally raised from investors and what was spent to date including all these "litigation" fees?

    ReplyDelete
  9. I have been led to believe that Platinum has full title to the property, if so there should be no problem to get a value on it

    ReplyDelete
  10. Perhaps for clarity someone should ask Platinum to provide a copy of current title or investors should do a BC title search to verify?
    Wouldn't Platinum also get an appraisal done?

    ReplyDelete
  11. Does anyone now how to get a BC tittle???

    ReplyDelete
  12. 2. Property Title Searches

    One needs to have the legal address of the property in order to do a search. This legal address can be found in the Limited Partnership Agreement and/or Offering Memorandum. It does not hurt to bring along the street address in case the legal address does not show up. A search however using the street address will cost a few dollars more.
    Registration numbers relevant to the property are found to the left of the pages (caveats, liens, charges against property). One can request copies of documents relating to any of these registration numbers on the property
    A current title will provide you with the current date of transfer of title (sale) and the terms (cash, cash and mortgage, see instrument). The registration number here will allow you to access copies of the purchaser's sworn affidavit as to value of the property at the time of purchase and other worthwhile information. Registration numbers showing beside mortgages if requested will provide copies of actual mortgages, details of terms, date of mortgage and individual names and signatures of mortgagors.

    ReplyDelete
  13. Try this link for BC land title searches which is BC Land Title and Survey.
    They should be able to help.
    http://www.ltsa.ca/

    ReplyDelete
  14. Re Jan 23 2011 7.09 am and 10.07
    are you also investors in this project???
    we should do a search for all the investors involved and see what we could do, and perhaps see what Geoff Filson at PE could offer or suggestions.
    ,

    ReplyDelete
  15. Facebook page for Lucaya information:

    http://www.facebook.com/home.php?sk=group_145652882161433#!/home.php?sk=group_145652882161433

    ReplyDelete
  16. Quite agree,hopefuly we'll have some news to post by next week on legal representative for ALL of Platinum investors. This will be a call to arms and we will need ALL on board to not only help punish those for wrong doing but also for FULL restitution from ALL guilty parties.
    February 16, 2011 1:09 PM

    ReplyDelete
  17. Dominion Place Investors vs. Defendant Multus Investment Corporation (General Partner/Shariff Chandran) is scheduled for TUESDAY,MARCH 1, 2011 10:00 a.m. at Court of Queen's Bench, Calgary.
    Your attendance would be appreciated.

    ReplyDelete
  18. Doug said...

    did you catch the article in the Calgary Herald business section today? "security regulators cracking down on fraud". Talks about ASC taking fraudsters to criminal court and getting jail time. Talks about Calgarian, Robert John Sellars being found guilty of lying to investors, received a two year sentence and was ordered to pay restitution of almost $2 million.

    a step in the right direction.couldn't come at a better time.

    Doug
    February 23, 2011 10:04 AM

    ReplyDelete
  19. I'm not sure if there are investors in Lucaya that are involved in the Dominion or Sunpark/Pemberton projects, but following this blog it seems to me Platinum Equities management have a history of putting second mortgages on these properties, either "accidentally" like Platinum say's or more likely as a way to keep their investment schemes rolling. So the question I have to fellow Lucaya investors is, has anyone done a title search on the Lucaya property to see if this is what Platinum has done with this project as well? I think we may have gotten ironically lucky with the contractor placing liens on the building, but since those were supposedly cleared over six months ago, the management at Platinum might have had an opportunity to accidentally place a second mortgage on this property. Either way I'm quite disheartened by what I see unfolding in the Dominion and Sunpark projects. Its one thing to lose money on a bad investment if the market goes against you but to lose your money based on possibly fraudulent management is something else entirely!

    ReplyDelete
  20. What's the latest news on the Lucaya project?

    ReplyDelete
  21. Lucaya property is a long term hold, and yes they did let us know we had to pay off the liens. I am not sure if some investors are just plain stupid but running around saying the sky is falling doesnt help our investment! I visit Kelowna regularly, it is impressive that we didnt lose this property a year ago. I believe in the property and the market will come back in Kelowna. Keep running around and cry wolf and we will lose this to some developer from Vancouver who will develop this site when the market returns.

    ReplyDelete
  22. hey poster: Tuesday, March 22, 2011 8:27:00 PM

    You calling investors plain stupid? We invested money with you because of trust. We also invested in this property with major $'s ..we didn't invest in cookies or a bake sale. When you don't return our calls and don't update us what do you expect?

    ReplyDelete
  23. I agree that the Lucaya property is a prime development in a great city and I am willing to wait for the condo market to turn the corner, my concern is with the principals of Platinum. Putting second mortgages "accidentally" on other projects the management team operates does not bode well for proper management of these investments. Therefore my concern is not for the Lucaya development, my concern is the mismanagement of the entire Platinum Equities portfolio. And calling investors stupid is 1) not going to help further these projects along and 2) speaks to the maturity level of fellow investors.

    ReplyDelete
  24. I got this information from the city of kelowna a few weeks ago when I asked them the status of the project

    Dear Sir

    The project address is 1147-1157 Sunset Dr
    Current Owner: LUCAYA REDUX CORP

    Address: 910-906 12 AVE SW
    CALGARY AB File Num:
    T2R1K7


    Development Permit
    Applicant: Navigator Development Icon Corporation
    Address: 1415 - 28 St NE Calgary AB
    Postal Code: T2A2P6
    Phone: 403-569-1455 Fax: 403-248-0198 Cell: Email:

    ReplyDelete
  25. I also ask them what the hold up is with the construction, and this is the reply from the city of Kelowna

    I have limited involvement with the on-site construction. Our Building and Permits Department would be able to answer your questions better.

    I’ve have been told that the developer stopped construction on his own accord.

    Regards

    ReplyDelete
  26. Several weeks ago I ask the city of Kelowna the status and who owns the building, and this is the reply I got



    Dear Sir

    The project address is 1147-1157 Sunset Dr
    Current Owner: LUCAYA REDUX CORP

    Address: 910-906 12 AVE SW
    CALGARY AB File Num:
    T2R1K7


    Development Permit
    Applicant: Navigator Development Icon Corporation
    Address: 1415 - 28 St NE Calgary AB
    Postal Code: T2A2P6
    Phone: 403-569-1455 Fax: 403-248-0198 Cell: Email:

    Local Contact: Tom Smithwick
    Phone: 250-763-7646 Fax:

    I was with the understanding that Navigator Development Icon went in recievership some 2 years ago

    ReplyDelete
  27. My main question is.....does anyone know if we can lose all of our investment on this?

    ReplyDelete
  28. Yes, you can. Why have you waited so long to find this out? Seek legal advice on the return of your funds plus earnings for the time Chandran used it for something else.

    ReplyDelete
  29. Has one body seen this project in Kelowna Lately??

    ReplyDelete
  30. October 18, 2008 The Calgary Herald quotes Philip Pincus saying that Limited Partners can get a refund of their money if the Lucaya project does not proceed. This was in 2008. The project was to be completed by 2010.

    Limited Partners are entitled to a refund of their monies.

    Chandran stopped the development of Lucaya as per the City of Kelowna.

    ReplyDelete
  31. As Lucaya Limited Partners, we deserve a refund of our investment for the mess that Chandran mismanaged, letting the project sit like a pile of rubble in Kelowna! He mismanaged our $17 million as limited partners.

    It is now 2011 and we deserve a refund of prinicpal, earnings and damages for poor management because he obviously did a terrible job at our investment.

    ReplyDelete
  32. I do agree, how could we go about setting up a committee, and get real serious of doing something about this, and I mean sooner than later

    ReplyDelete
  33. I'm also a LP in Lucaya and want the situation rectified asap. Has gone on too long and I'm hearing too many different stories, especially reading this blog. The group of us need to connect somehow. Perhaps a meeting somewhere?

    ReplyDelete
  34. Anonymous said...

    Philip Pincus meant Limited Partners and depositors need to be reimbursed because they got taken by Chandran stopping the development.

    Clearly, as GP he has not moved forward to earn anything for Limited Partners.

    It is 2011 and the Lucaya is still gravel, rocks and rubble, in other words, an EYESORE to the City of Kelowna .
    Friday, April 01, 2011 2:06:00 PM

    ReplyDelete
  35. nonymous said...

    While Chandran could not get financing to finish the development for Lucaya because the CIBC plug the financing plug because they found out a whole lot about this person, this should give potential investors, and past and current Limited Partners
    knowledge as to who we are dealing with.
    Thursday, March 31, 2011 9:01:00 PM
    Anonymous said...

    ReplyDelete
  36. Check out the CIBC financing which was pulled for the Lucaya project because of bad credit and / or his credit standing was on shaky grounds.

    If his credit standing was on solid ground, the project would have gotten financing to completion.

    We know that for a fact with major financial institution loans financing.

    ReplyDelete
  37. To Postings Friday April 1, 2011 6.28PM and Saturday April 2, 2011 5.54PM

    Why don't we organize an email address first to connect and then we can meet afterward somewhere in Calgary for coffee?

    ReplyDelete
  38. Check out the October 18, 2008 Calgary Herald article on Lucaya Kelowna.

    Let's get some action to move forward on our investment!

    ReplyDelete
  39. Anonymous said...

    In the Calgary Herald of October 18, 2008, Philip Pincus said that the subprime mortgages fiasco in the USA resulted in the CIBC stopping its financing on the Lucaya project.

    However, if Platinum Equities financing was on solid ground the CIBC would have approved further financing of the Lucaya project.

    Seeing that Chandran kept taking out "accidental mortgages" in the millions of dollars on each and everyone of his purchases whether it is building or land, resulted in Platinum Equities becoming an extremely high risk concern for the CIBC financing.

    Consequently, the CIBC stopped further financing because the PE GP kept taking out mortgages of Limited Partners money from the assets, resulting in the asset being of no collateral value to the CIBC.

    The only one to blame for this mismanagement is of course Shariff, Sri, Srivavasn, S.H. Chandran.

    To date, Chandran has found no further financing for the Lucaya Kelowna project and has not progressed to earn any money for us, Limited Partners.

    Thus, Lucaya Limited Partners should get their money back from Chandran and let us stop his nonsense on our limited partners' money.
    Saturday, April 02, 2011 10:16:00 PM

    ReplyDelete
  40. To Posting Saturday April 02, 2011 10.16 PM

    Through Chandran withdrawing money of Limited Partners as mortgages from the Lucaya development,
    made the Lucaya project a subprime mortgage project in Canada!

    ReplyDelete
  41. To April 2, 08:59pm and April 1, 06:28pm.

    Instead of email, my cell is 4035428133 - call me. My name is Carl.

    ReplyDelete
  42. Chitra Chandran at Platinum will be happy to take any calls from Lucaya Investors: 403-282-2601

    ReplyDelete
  43. Do not call Chitra Chandran at Platinum Equities.

    Let us organize a Lucaya Limited Partners group and call a lawyer to get our principal, earnings and damages regarding our investments.

    ReplyDelete
  44. sounds good. Who do we investors need to call?

    ReplyDelete
  45. To Posting Tuesday April 5, 2011 1.13 PM

    Why should you, Shariff Chandran, be happy to take Lucaya limited partners calls now when you have been bullshitting and screwing us for so long?

    ReplyDelete
  46. We repeat!

    Do not call the Platinum equities office until we seek legal advice on these matters!

    ReplyDelete
  47. I have yet to receive a tax slip from platinum equities. The last I heard from them was that they are still taking liens off the project. Is it another lie?

    ReplyDelete
  48. Yes, it is another big lie!

    He is just a m.f.ing scammer and fraudster

    ReplyDelete
  49. Do not invest in Holzbren Capital or Gatehouse Capital Inc.

    You know who is there!

    ReplyDelete
  50. I'm for consulting with a lawyer to try get at least some of our investments back before the company spent it all on themselves.

    ReplyDelete
  51. April 10 - 09:06am, call me at 403-542-8133.

    Also any other Lucaya LP's that want resolution, please call. Need all LP's involved.

    ReplyDelete
  52. What should we do about the statements we need to file tax? I called the office and left a message.

    ReplyDelete
  53. I have also been calling about the tax slips (T5013), and they aren't calling me back.
    Is there someone organizing legal proceedings? Who do I need to contact?

    ReplyDelete
  54. That is because they ran away with your money.


    They got it and don't give a s about you or any limited partners.

    Sum total is they are scammers and fraudsters.

    Plain and simple!

    ReplyDelete
  55. Shariff Chandran is only using limited partners' money to accomplish his own personal and financial goals and does give a s about us. We should charge him penalties and interest because the major financial banks like the CIBC and others won't give him financing. So since we are a bank-like, we should charge him penalties and interest.

    ReplyDelete
  56. I just received tax slips for Lucaya last week which is ridiculous! I complained about it and all Steve said was it was due to low staff and other excuses.

    ReplyDelete
  57. They were too busy lying and ripping off investors to provide you with any tax receipts.

    ReplyDelete
  58. To All Lucaya Limited Partners

    Platinum Equities Inc. is nothing but a massive, fraudulent scheme to use and steal peoples' money.

    Shariff and Chitra Chandran are nothing but low down SCREWBALL SCUMMERS.

    ReplyDelete
  59. I think by now we all get the picture of who and what PE is so I see no constructive reason to vent anger here. We do need to get organized and seek legal advisement. I do not believe we would ever get our full investment back because it was spent long ago. Can we make them pay? Only if we are willing to finance legal council over a long period of time. We need to find a firm that will take this on, but first we need some idea of how much money we can raise. We also need to find as many investors as we can. If anyone has an accounting background, legal background, engineering, commercial real estate, etc we need to identify these people. I was involved in saving another investment gone sour by SCI. It takes alot of commitment from investors. It takes people with skills. WE NEED TO GET THE WORD OUT TO ALL THE INVESTORS of this project. How do we do this?

    ReplyDelete
  60. Put an ad in the Calgary Herald and Edmonton Journal requesting people to come forward and produce their documents that they are in the Lucaya or whatever project. Get their contact information and organize a coordinating and leader team who will manage the litigation and costs.

    ReplyDelete
  61. To Posting Sunday May 29, 2011 11.06 AM

    Put some ads in community newspapers which are smaller and go on YOU TUBE and advertise there.
    Set up a toll-free number where victims can call you across Canada. Give an interview to the broadcast media such as Global TV, The National and CTV. Write to Ellen Roseman of the Toronto Star, or the Consumer Complaints section of the National Post. Advertise in the business newspaper, The Globe and Mail.
    Place a website ad on Google where victims can contact you. Use you twitter, facebook and other social media accounts to connect. Place ads in community flyers.
    These are just some of the ideas we have to help you.

    ReplyDelete
  62. Am I right to think their are around 300 investors and a good bunch of them are in Calgary? Where else did they put on presentations? Edmonton and Red Deer? You would think adds in the Major papers would work unless someone is well connected here and can use the web to spread the word. I am not that person. How many people do we have posting here?

    ReplyDelete
  63. Vancouver, Victoria, Kelowna in B.C.

    If you are not that person, what can you do or provide?

    I am not sure how many people use this blog. If they do, they don't respond. There is also Chandran, his family, friends and employees, like Steve van die, posting their nonsense to confuse limited partners.

    If you want great results, you have to advertise in the B.C. and Alberta, newspapers and broadcast media which includes radio and television.

    You Tube, facebook, My space and Twitter are free.

    Also, please check your spelling when you blog.

    ReplyDelete
  64. Yes, how dare you spell "ads" with an extra D.

    ReplyDelete
  65. Anonymous said...

    Anonymous said...

    To Posting Friday June 3, 2011 8.17 AM

    Once again, Shariff Chandran is stealing from investors by not communicating the sale and its details and also paying out less money than ought to be.

    Must we advise limited partners about rallying and hiring litigation teams to get back what is due to limited partners?

    Other limited partners from another investors' blog said that multiple partners from projects should make a list of limited partners from each project that they are in. Next we create a database of limited partners, eliminate duplication and cross referencing who is which project. Then, we must ALL get together by coordinating and meeting to decide what legal teams we will hire to get our money plus rightful earnings back from Shariff and Chitra Chandran and Platinum Equities Inc.

    We are tired of each of you complaining about what is happening in your project, about Shariff Chandran stealing your money and not telling you. It is about time we get our act together and fight this CRIMINALS, Shariff Chandran and Chitra Chandran.
    Saturday, June 04, 2011 4:38:00 AM
    Saturday, June 04, 2011 4:43:00 AM

    ReplyDelete
  66. Anonymous said...

    To Posting Friday June 3, 2011 8.17 AM

    1. If you live in Calgary, you can go to the police station closest to 906 12th Avenue SW Calgary to file criminal charges of theft or you can go to the police station nearest to where you live. Get other limited partners of your project Eleven eleven building to file criminal charges of theft as well.

    2. Next, you head down to the RCMP office to file criminal charges as well. You can do the same as the police reporting by getting others from your Eleven eleven building project to file criminal charges too.

    3. Next you organize limited partners from your group to hire a legal team.

    4. Next you organize limited partners from your group to get together with limited partners of other groups to go to the broadcast media, meaning, television (Global news, the National or CTV) to protest outside 906 12th Avenue SW Calgary.
    Sunday, June 05, 2011 4:12:00 AM

    ReplyDelete
  67. LISTING FOR SALE LUCAYA KELOWNA:
    http://www.commercialokanagan.com/2011/07/high-rise-development-opportunity-lucaya/
    List price is $5.5 million
    Anyone have the current title showing who owns this property and any debts registered against it?

    ReplyDelete
  68. Pending offer on the development.

    ReplyDelete
  69. Lies and more lies. Nothing but lies to steal limited partner investors' money.

    ReplyDelete
  70. Fire in the parkade of the Lucaya Project in Kelowna today

    ReplyDelete
  71. AnonymousJan 18, 2012 10:42 PM

    To All Limited Partners of Platinum and Accolade Equities Inc., past and present of all projects, please join our litigation group by emailing

    first, your contact information to

    sue_chandrans@yahoo.com.

    We shall advise you of what to do next after receiving your email first.

    ReplyDelete
  72. Limited Partners of Platinum and Accolade Equities, please report your tax fraud from Platinum Equities, Accolade Equities, Strategic Financial Group, Strategic Group of Companies to the address below. Make sure you file lots of complaints.

    How to Report Tax Fraud in Canada
    By Eric Som, eHow Contributor

    Print this article

    How to Report Tax Fraud in Canadathumbnail A court may impose monetary penalties for those found guilty of tax fraud.

    In an effort to minimize tax fraud, the Canada Revenue Agency manages the Informant Leads Program. The program allows CRA to receive information from the public about tax fraud allegations. If CRA believes there is an element of noncompliance with tax legislation, the agency takes the appropriate enforcement action. The Informant Leads Program has five regional offices in Canada. You must report the alleged crime in the office located in your region. CRA does not disclose the identity of informants.
    Related Searches:

    Difficulty:
    Moderate

    Instructions

    1

    Gather as much evidence of the alleged tax fraud as possible. This may include, but is not limited to, the suspect’s name and address as well as any additional detail(s) surrounding the suspected crime.
    2

    Write a letter addressed to the specific Informant Leads Program office in your location, ensuring that your letter discusses who, what, when, where, how and why, if possible.

    The five regional offices of the program are: Atlantic Region Informant Leads Centre, Quebec Region Informant Leads Centre, Ontario Region Informant Leads Centre, Prairie Region Informant Leads Centre, and Pacific Region Informant Leads Centre.

    Therefore, if you live in the Pacific Region, for example, you must address your letter to “Pacific Region Informant Leads Centre.”
    3

    Print the letter, making sure you include a date and your signature.
    4

    Mail the letter to the regional office in your location.

    If you reside in the pacific region, send the letter:

    Pacific Region Informant Leads Centre

    Southern Interior Tax Services Office

    c/o Surrey Tax Centre

    9755 King George Boulevard

    Surrey BC V3T 5E1

    If you live in the prairie region, send your letter to:

    Prairie Region Informant Leads Centre

    Winnipeg Tax Services Office

    325 Broadway, 5th Floor

    Post Office Box 1022

    Winnipeg MB R3C 2W2

    If you are in the Ontario region, send your letter to:

    Ontario Region Informant Leads Centre

    St. Catharines Tax Services Office

    32 Church Street

    Post Office Box 3038

    St. Catharines ON L2R 3B9

    If you are a resident of the Quebec region, send your letter to:

    Quebec Region Informant Leads Centre

    Montérégie-Rive-Sud Tax Services Office

    3250 Lapinière Boulevard

    Brossard QC J4Z 3T8

    If you live in the Atlantic area, mail your letter to:

    Atlantic Region Informant Leads Centre

    Saint John Tax Services Office

    126 Prince William Street

    Saint John NB E2L 4H9


    Read more: How to Report Tax Fraud in Canada | eHow.com http://www.ehow.com/how_7232734_report-tax-fraud-canada.html#ixzz1lhof5Do3

    ReplyDelete
  73. How to Report Tax Fraud in Canada
    By Eric Som, eHow Contributor

    Print this article

    How to Report Tax Fraud in Canadathumbnail A court may impose monetary penalties for those found guilty of tax fraud.

    In an effort to minimize tax fraud, the Canada Revenue Agency manages the Informant Leads Program. The program allows CRA to receive information from the public about tax fraud allegations. If CRA believes there is an element of noncompliance with tax legislation, the agency takes the appropriate enforcement action. The Informant Leads Program has five regional offices in Canada. You must report the alleged crime in the office located in your region. CRA does not disclose the identity of informants.
    Related Searches:

    Quebec Region
    College Ontario Canada

    Difficulty:
    Moderate

    Instructions

    1

    Gather as much evidence of the alleged tax fraud as possible. This may include, but is not limited to, the suspect’s name and address as well as any additional detail(s) surrounding the suspected crime.
    2

    Write a letter addressed to the specific Informant Leads Program office in your location, ensuring that your letter discusses who, what, when, where, how and why, if possible.

    The five regional offices of the program are: Atlantic Region Informant Leads Centre, Quebec Region Informant Leads Centre, Ontario Region Informant Leads Centre, Prairie Region Informant Leads Centre, and Pacific Region Informant Leads Centre.

    Therefore, if you live in the Pacific Region, for example, you must address your letter to “Pacific Region Informant Leads Centre.”
    3

    Print the letter, making sure you include a date and your signature.
    4

    Mail the letter to the regional office in your location.

    If you reside in the pacific region, send the letter:

    Pacific Region Informant Leads Centre

    Southern Interior Tax Services Office

    c/o Surrey Tax Centre

    9755 King George Boulevard

    Surrey BC V3T 5E1

    If you live in the prairie region, send your letter to:

    Prairie Region Informant Leads Centre

    Winnipeg Tax Services Office

    325 Broadway, 5th Floor

    Post Office Box 1022

    Winnipeg MB R3C 2W2

    If you are in the Ontario region, send your letter to:

    Ontario Region Informant Leads Centre

    St. Catharines Tax Services Office

    32 Church Street

    Post Office Box 3038

    St. Catharines ON L2R 3B9

    If you are a resident of the Quebec region, send your letter to:

    Quebec Region Informant Leads Centre

    Montérégie-Rive-Sud Tax Services Office

    3250 Lapinière Boulevard

    Brossard QC J4Z 3T8

    If you live in the Atlantic area, mail your letter to:

    Atlantic Region Informant Leads Centre

    Saint John Tax Services Office

    126 Prince William Street

    Saint John NB E2L 4H9


    Read more: How to Report Tax Fraud in Canada | eHow.com http://www.ehow.com/how_7232734_report-tax-fraud-canada.html#ixzz1lmarH7N1

    ReplyDelete
  74. How to report tax fraud.
    Write a letter with the name, address and details of your T5s received from Platinum and Accolade Equities Inc.

    Address your letter to the specific informant leads program office discussing who, what, where, when, why and how as much as possible.

    Print and sign your name, put a date and send the letter to

    Prairie Informant Leads Centre
    Winnipeg Tax Services Office
    325 Broadway, 5th Floor
    Box 1022
    Winnipeg, MB R3C 2W2

    or

    Pacific Informant Leads Centre
    Southern Interior Tax Services Office
    c/o Surrey Tax Centre
    9755 King George Blvd.
    Surrey, BC V3T 5E1

    or

    Ontario Region Informant Leads Centre
    St. Catharines Tax Services Office
    32 Church St., Box 3038
    St. Catharines, ON L2R 3B9

    or

    Quebec Region Informant Leads Centre
    Monteregie-Rive-Sud Tax Services Office
    3250 Lapinere Blvd.
    Brossard, Que J4Z 3T8

    or

    Atlantic Region Informant Leads Centre
    St. John Tax Services Office
    126 Prince William St.
    St. John, NB E2L 4H9

    ReplyDelete
  75. "You must report the alleged crime in the office located in your region. CRA does not disclose the identity of informants."

    Read more: How to Report Tax Fraud in Canada | eHow.com http://www.ehow.com/how_7232734_report-tax-fraud-canada.html#ixzz1lmyfRik6

    ReplyDelete
  76. What is the alleged tax fraud related to the Lucaya project?

    ReplyDelete
  77. There is tax fraud abundant within limited partners' investment money given to Platinum and Accolade Equities and Shariff Chandran and his sister, Chitra Chandran.

    such as issuing fraudulent T5's to limited partners.

    ReplyDelete
    Replies
    1. I am sorry but this makes no sense. Is there anyone who can actually respond to my question reading this?

      Delete
  78. Limited partners should take their T5's to Canada Revenue Agency.

    ReplyDelete
  79. Has Lucaya in Kelowna been sold to a Chinese investment group?

    ReplyDelete
  80. The project is currently on sale for $5.5 million. http://www.icx.ca/propertyDetails.aspx?propertyId=11345052&PidKey=44394018

    ReplyDelete
  81. http://www.castanet.net/edition/news-story-74888-1-.htm#74888

    ReplyDelete
  82. Most notably:

    "Mayne adds that communication with the property owner has dried up over the past several months. Attempts to contact the owner through registered letters, phone calls and emails have been ignored."

    ReplyDelete
  83. Reduced to 4.2 million now.

    http://www.commercialokanagan.com/2011/07/high-rise-development-opportunity-lucaya/

    Good luck to all of you in getting your investments back.

    ReplyDelete
  84. Lucaya has been sold... http://ktowneric.com/blog/kelowna-high-rise-development-lucaya-sold

    ReplyDelete
    Replies
    1. It must be the same Mamdani company in Vancouver that bought the Lucaya at a reduced price, making a profit off of limited partners of his own project, Platinum Equities Inc.

      Delete
    2. The Mamdani company that bought the Dominion building during the trial last year, 2011.

      Delete
    3. Do you base this "information" on anything concrete or just waste time posting?
      Mamdani did not buy the Dominion Building in 2011.
      In fact there is no record of Mamdani buying the building at all and there was no "trial".

      Delete
    4. Please read the Dominion court appearances in 2011 and you will see that Mamdani is stealing from limited partners every way we turned.

      Shariff aka Sri Chandran and his sister are contract workers for Mamdani.

      Delete
  85. Platinum Equities Inc. is a total scam project of Mamdani's.

    ReplyDelete
  86. Prior to Platinum Equities Inc., Srinivansan Chandran and his sister, Chitra Chandran were poor ass bitches before they got involved with Mamdani and are contract workers of his. Sri was charged with 8 counts of fraud prior to Platinum Equities Inc. How could he afford to own so much property and buildings if he did not work for Mamdani?

    ReplyDelete

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