Tuesday, February 4, 2020

Vancouver securities lawyer Faiyaz Dean in deep

Well known Vancouver securities lawyer Faiyaz Dean remains free in Canada but faces criminal charges in Arizona in relation to a $34 million pump and dump scheme. The BioZoom Inc (BIZM) pump & dump ended 5 years ago.The Surrey resident recently agreed to stop practicing law in B.C.

The US has charged Dean with conspiracy to commit securities fraud and wire fraud; securities fraud; conspiracy to commit money laundering; and money laundering.
Prior to being called to the bar in February 2009, Dean articled as a lawyer with Vancouver’s Bacchus Law Group, founded by Vancouver stock promoter and lawyer Penny Green (now Penny White).
Dean went on to set up his own firm, Dean Law Corp. where he purports to specialize in setting up IPOs and reverse mergers for junior start-up companies.

More than 25 individuals, 3 transfer agents and 3 brokerage firms have already been cited in litigation as a result of fallout from the BioZoom Inc (BIZM) scam. Francisco Abellan Villena, Guillermo Ciupiak, James B Panther Jr, and Dean were ringleaders.