Saturday, July 20, 2019

BCSC freeze order on BridgeMark properties being challenged

Waterfront home at 2854 Bellevue Avenue, West Vancouver was purchased by Lisa Jackson and her father Ken Tollstam in November 2018.
Freeze orders under the Securities Act are not made public, but their existence was revealed in a BCSC judicial panel decision on July 16. The court is to determine the constitutionality of the freeze orders.

It is reported that at least one property related to the Bridgemark Group was listed for sale during the investigation. The residence of convicted securities scammer Aly Babu Mawji in West Vancouver was listed for sale in Feb. Anthony Jackson’s wife, realtor Lisa Jackson, sold Mawji’s $ 2.8m residence in a cash transaction to a numbered company.

The BCSC is seeking a permanent ban on Mawji.