Ex-Burnaby optician who swindled pensioner banned from B.C. securities market for life

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The BC Securities Commission has permanently banned Naresh (Nash) Mann from B.C.'s capital markets, but he will be allowed to manage his own investments.

A former Burnaby optician has been permanently banned from B.C.'s securities market after defrauding a pensioner he met at his Brentwood optical store in 2013.

Mann claimed the investment would generate significant returns in six months, but instead of investing the money as promised, he used it for his personal expenses. Despite Mann's misconduct, however, the panel ruled he should be allowed to trade in his own accounts for his sole benefit.

 

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