Canadian Justice is a joke. Senator Patrick Brazeau forced “leave of absence.”

Canadian Justice is a joke.  Senator Patrick Brazeau forced “leave of absence.”

Toronto –February 13, 2013–   Yesterday, Canadian Senator Patrick Brazeau was forced to take a “leave of absence” from Canada’s upper government chamber.  He is charged with assault and sexual assault.

The action was taken as a vote by Senators,  “in order to protect the dignity and reputation of the Senate and public trust and confidence in Parliament.”

Yet, the media fails to make the BIG issue, that while on leave, Brazeau will continue to earn his full salary of $132,300, plus perks and benefits!   All this, while ordinary peoples in Canada, the USA, China and the world see their taxes going up, their services down; healthcare rationalized!  Not enough money for the poor and needy in Canada?!  But lots of money for a paid leave of absence for a brazen, brash, tainted Canadian Senator…!

No wonder that many people in Canada and the world think the justice system has become a sad joke, indeed.

Brazeau is a sad example indeed, of the many things wrong with the government and the justice system!  For example, Brazeau cannot be fired from his position, as Senator, unless convicted of a major crime.  If his sentence is less than 2 years, the Senate must vote to ouster a convicted Senator!

AND, the criminally convicted Senator gets to keep his FULL PENSION!

All this while the people of Canada, the USA, and the world suffer declining living standards…

Not that he is a shining example of purity, but Weizhen Tang, the self-proclaimed “Chinese Warren Buffett,”  cried out against the injustices of the justice system.  Weizhen Tang was convicted on October 30, 2012, of being the Chinese Bernie Madoff; convicted of organizing a $52 Million ponzi scheme fraud, one of the largest, worst ponzi scheme frauds in Canada.

Justice System is a Joke

Tang would rant about the failures of the Canadian and Western justice, legal and financial systems.  Tang would often write and speak out that the justice system was a “joke.”  Some justice and law enforcement officers would laugh openly at Weizhen Tang’s comments.  But sadly, it looks increasingly like Tang was pointing his finger accurately at the corruption of the Canadian justice system.

Senator Brazeau’s $132,000 paid-leave-of-absence.

Tang was imprisoned several times.  He had heavy bail conditions imposed on him.  Tang and his wife, Mrs Xiao Hong Tang, claim that the heavy-handed justice system is making them destitute.  And all this was done to Weizhen BEFORE his trial and conviction.

Compare to Canadian Senator Brazeau, who seems to be laughing at the peoples and taxpayers of Canada and the world!   His esteemed colleagues in the Canadian Senate have just handed Brazeua a $132,000 paid leave of absence!

Where do people apply for that job?!

Weizhen Tang once ran for Mayor of Toronto against then Councillor, Mayor Rob Ford.  Maybe, one day, Weizhen Tang shall be a Senator of Canada?!

America Justice is a fraud. Lance Armstrong not to face criminal charges despite Oprah confession

America Justice is a fraud.  Lance Armstrong not to face criminal charges despite confession on Oprah show, of his years of illegal drug use

New York –February 7– All across America, Americans and Canadians are arrested, charged and even jailed over use of illegal drugs.  Yet, famous cyclist, Lance Armstrong, is likely to avoid any criminal charges for his confessed illegal drug use on national, global TV.

America Justice is a fraud, if Lance Armstrong walks completely free of criminal charges; despite confession on Oprah show, of his years of illegal drug use

During dramatic, exclusive interviews with Oprah Winfrey, that was televised around the world, Armstrong confessed on January 17 and 18, 2013 to lying about years of using performance-enhancing drugs, throughout his career!

Yet, U.S. Attorney for Southern California, Andre Birotte, spoke out on Armstrong for the first time publicly on Tuesday, February 5th; after he suddenly dropped the case publicly on Friday, February 1, 2013.  U.S. Attorney Birotte stated that his office had spent almost two years investigating Armstrong, including drug distribution, fraud and conspiracy.

U.S. Attorney Birotte was quoted saying, “We made a decision on that case (Lance Armstrong illegal drug doping case), I believe, a little over a year ago. Obviously we’ve been well-aware of the statements that have been made by Mr. Armstrong and other media reports. That has not changed my view at this time. Obviously, we’ll consider, we’ll continue to look at the situation, but that hasn’t changed our view as I stand here today.”

Many people question U.S. Attorney Andre Birotte’s decision NOT to press criminal charges against Lance Armstrong, despite his confessions of EXTENSIVE illegal drug use.

Many questions are raised about the American Justice system and this extraordinary lenient treatment being given to Lance Armstrong.  How many Americans and Canadians are in prison for drug offences, distribution, possession, use?  For much less amounts of money or drugs involved.  Yet, Armstrong walks free; while some of these drug users and sellers face years in jail, and a criminal record?!

Most frighteningly is the race dimension to Lance Armstrong’s lack of criminal charges?!

How many academic studies have suggested that there is over-representation of ethnic persons charged and jailed for petty drug crimes?  Would Lance Armstrong be getting some lenient treatment if he were Black or Latino?

By funny fate, on the same day that the investigation into Lance Armstrong were dropped by US Attorney Andre Birotte, Weizhen Tang, the self-proclaimed Chinese Warren Buffett, was sentenced to upwards of 11 years for $52-Million CAD ponzi scheme fraud  against American, Canadian, and Chinese investors.   Weizhen Tang, often claimed that racism was part of the reason that he was persecuted by the police, SEC and OSC, for ponzi fraud.

Tang was convicted of being one of the worst ponzi scheme frauds in Canada, on October 30, 2013.  Tang ranted in public, on the internet about the racism of the Canadian, Western legal system; the persecution against him, because he, Weizhen Tang, is Chinese, not Caucasian; because Tang is  not part of the elite…

Yet, there are no criminal charges against Lance Armstrong; despite his admissions to the legendary Oprah Winfrey –and thus, the entire world that Lance Armstrong very much deliberately used illegal drugs, for YEARS!

The failure is glaring.  The U.S. Attorney’s office, U.S. Attorney Andre Birotte, are NOT going to charge Lance Armstrong with any criminal offence?!  Such  easy treatment that Lance Armstrong is getting, should make the public wonder about the fairness of the justice system:

White, elite cyclist, Lance Armstrong, becomes hero, global brand.

White, elite hero, Lance Armstrong, confesses uniequivocally to the ENTIRE world to Oprah, about his YEARS of illegal drug use; and his strategy of intimidating witnesses, sponsors, media, to coverup his drug use.

White, elite cyclist, Lance Armstrong faces NO criminal charges…

 

Judges, prosecutors, members of the media and public have been laughing at convicted criminals such as Weizhen Tang, and their contentions of an unfair justice system.  Weizhen Tang  ranted for years of deliberate persecution against him; of a legal and justice system filled with racism.

If Lance Armstrong walks free for his years of illegal drug use, without significant criminal charges, American Justice really has failed; and American and Canadian politicians, Justice officials owe an explanation to the millions of American and Canadians who have been charged, convicted, jailed, for illegal drug use.

 

WORLD EXCLUSIVE: Canada’s worst, largest ponzi scheme fraud, Weizhen Tang, Chinese Warren Buffett, King of 1%, gets 6 years in jail

WORLD EXCLUSIVE: Canada’s worst, largest ponzi scheme fraud, Weizhen Tang, the Chinese Warren Buffett, King of 1%, gets 6 years in jail

 

Toronto.  February 1,  — Called one of Canada’s worst, largest ponzi scheme fraud, Weizhen Tang, the self-proclaimed Chinese Warren Buffett, King of 1%, was sentenced today; handcuffed and led from court.  Without showing much emotion, Weizhen Tang stood up, as he was  sentenced today, to 6 years in jail; plus  another five years, if he  fails to pay a $2.8 Million fine, within five years of his release!

Weizhen Tang was convicted of a $52 Million ponzi scheme fraud on October 30, 2012.

In the morning session of the sentencing hearing, today, it was uncertain if the convicted ponzi scheme fraud organizer, Weizhen Tang, would be sentenced today.  But the prospect of a decision seemed more likely, as presiding Judge, Justice Alfred O’Marra showed great impatience at Mr. Tang’s comments.  Judge O’Marra denied, in fact, a request by Weizhen Tang to read a 47-page statement, that Tang had prepared especially for his sentencing.  Judge O’Marra noted Tang’s statement was not relevant; only another rehash by Weizhen Tang, criticizing his conviction, and condemning the justice and financial systems –a key theme of Weizhen Tang throughout his trial.

A sentencing decision seemed, especially, likely; after  Justice Alfred O’Marra, called for a lengthy lunch break of 2 hours, rather than his customary 1-hour adjournment.

Before sentencing began at 4 p.m., today, Tang spoke at a local Chinese restaurant near the 361 University Avenue Courthouse.  He maintained his claims of absolute innocence; with no apology nor remorse to the public, his victims, nor the Judge.

Tang still spoke about his own losses in this matter, being as bad, if not worse, than the losses of his investors.

Before leaving the restaurant, the convicted ponzi scheme fraud, Weizhen Tang, was busy writing notes, and speaking about his plans to continue his efforts to fight the injustice of the Canadian justice system.  Leaving the restaurant, Tang talked about challenging the presiding Judge, Justice Alfred O’Marra, to be a true “guardian of justice,” and NOT send Weizhen Tang to jail; thus repudiating the “injustice of the Canadian legal system” that has seen “far too few criminal charges or convictions” in such high-profile and destructive fraud cases such as Bre-X and Nortel.

Earlier in the day, Weizhen Tang and Judge O’Marra had also exchanged heated words; with Judge O’Marra actually reminding the Chinese Warren Buffett, Weizhen Tang, that Tang had been CONVICTED by jury of fraud and dishonesty.

“Overwhelming evidence” that Mr. Tang committed fraud

In his decision, which began at about 4:05 p.m., today, Judge Alfred O’Marra noted that there was “overwhelming evidence” that Mr. Tang committed fraud.  That Weizhen Tang had deceived investors of the nature and safety of their investment.  That Tang had provided false false account reports.   That monies from investors  had not been properly used –used not only for investment trading, but to pay earlier investors –aka, a ponzi scheme fraud.

At trial, one of Tang’s defence had included his claim that his investor statements were NOT meant to be accurate accounting of investors’ monies; but rather a promise by Tang, of future payment.  Ironically,  today, Judge Alfred O’Marra called this a “ludicrous statement.”

Justice O’Marra noted that based upon Tang’s representations, some investors had borrowed  monies from others, or gone and taken second mortgages on their homes, believing Tang’s statements of consistent investment increases of 1% per week.  And that once Tang’s ponzi scheme fraud was revealed, some victims had become physically and mentally ill; marriages strained, and suicides contemplated.

Earlier in the morning session of the sentencing hearing, Tang’s wife, Mrs Hong Xiao Tang, told the court that about her family’s extreme suffering, since the collapse of their investment business –forced to take showers at the local YMCA because their hydro and gas had been turned off, for failure to pay.

Often in tears and sobbing, Mrs Hong Xiao Tang spoke about the threats against her; threats to kill her son.  Sadly, the son, Vance Tang, now 18 years old, had once said that his teenage years had been taken from him, by the OSC, the Ontario Securities Commission, which had initially charged Weizhen Tang with fraud in 2009.

Mrs Hong Xiao Tang, herself, said she was admitted voluntarily, to hospital in 2010, after contemplating suicide.

Judge Alfred O’Marra accepted that the Tang family had suffered greatly, but noted that such suffering could NOT  be a mitigating factor in Weizhen Tang’s sentencing.

The fall of Weizhen Tang

What a fall for Weizhen Tang, once one of the most prominent Chinese figures outside of China. Tang was a respected community and international leader, donating and leading campaigns to help relief efforts for disasters in China; organizing one of the world’s largest global goodwill rallies in early 2008; encouraging global friendship and harmony, as criticism against the China Beijing 2008 Olympics, became racism against Chinese peoples around the world.

Judge Alfred O’Marra noted that Tang’s community reputation and efforts; but stated that such community efforts and events were likely as much a tool in Weizhen’s sophisticated ponzi scheme fraud, to attract new investors.

Weizhen Tang handcuffed and led away

In sentencing Tang today, Judge O’Marra noted that for years, Weizhen Tang, the Chinese Warren Buffett, claimed investment returns of 1% per week; but that the King of 1%, Weizhen Tang, was forced to admit to his investors in the spring of 2009, that the $52 – $60 Million raised was completely depleted!  And, in fact, that for most of 2008, the Chinese Warren Buffett had done very little investment trading.

Amongst those looking on, as Tang was handcuffed, and led from the court, were Crown lawyers, Mr. Robert Gattrell and Mr. Gavin Macdonald,  who successfully convinced a jury of Weizhen Tang’s guilt.  In fact, the jury had taken about only one hour to return a guilty verdict against Tang.

At lunch, today, before his sentencing, likely, anticipating his imminent sentencing, Weizhen Tang, spoke of his appeal.  That he would be vindicated one day soon, as Weizhen Tang –one of the world’s greatest investment traders, the Chinese Warren Buffett, the “King of 1%.”  In handcuffs today, sadly, Weizhen Tang looked more like the Chinese Bernie Madoff, that his victims are calling him.

 

World Exclusive. Breaking News: Weizhen Tang, Chinese Warren Buffett, King of 1%, Canada’s worst ponzi, likely to be sentenced today

World Exclusive.  Breaking News: Weizhen Tang, Chinese Warren Buffett, King of 1%, Canada’s worst ponzi, likely to be sentenced today

Toronto –February 1–   The self-proclaimed “Chinese Warren Buffett,”  named Weizhen Tang, was convicted on October 30, 2012, of being the Chinese Bernie Madoff; convicted of organizing a $52 Million ponzi scheme fraud, one of the largest, worst ponzi scheme frauds in Canada.  Today, the judge in Tang’s case, Justice Alfred O’Marra, adjourned for lunch at 1 p.m.  But instead of the customary one hour lunch break, Judge O’Marra directed a two=hour adjournment; sending buzz throughout the media and the public, that Judge O’Marra was seeking to sentence the Chinese Warren Buffett today.

During several emotional exchanges between Judge Alfred O’Marra, and Weizhen Tang, the Judge even reminded Tang that he was convicted of fraud, of dishonesty.  The government “Crown” prosecutors have called Weizhen Tang, one of the worst ponzi scheme frauds in Canada.

The Crown prosecutors, Mr. Robert Gattrell, and Mr. Gavin Macdonald, have sought a jail sentence of  8-10 years, against Weizhen Tang.  Tang’s amicus lawyer –Peter Boushy– seems to be seeking a jail sentence of 5 years or less, comparing Weizhen Tang to other convicted Canadian fraud cases, like Cineplex theatres owner, Garth Drabinsky, who was sentenced to 5-7 years in jail; but had his sentence successfully reduced on appeal to 5 years.

During the morning session today, Tang continues to  claim complete innocence in his case, and continued his attacks on the injustice of  the Canadian and Western justice, legal and financial systems.

Tang and his amicus lawyer, Peter Boushy, were seen huddling during the extended lunch break, today, discussing the likely possibility that Judge O’Marra would hand down his sentencing decision on Weizhen Tang this afternoon.

This morning, Weizhen Tang repeated his request for NO jail time; perhaps, hoping to reflect his claims that the Canadian and Ontario legal system’s failed to provide him legal counsel; and thus, proper and fair access to justice.

Tang noted in the hallway that he respects Judge Alfred O’Marra, the justice system; but is crying out against the injustices and flaws in his case, and the system.   Tang noted with a loud sigh, “Judges are to be the guardians of the legal system, the guardians of fairness and justice for Canadians, the peoples of the world…  I hope that Judge Alfred O’Marra shall be the guardian of justice and fairness today.  If he sentences me, today, I hope Judge Alfred O’Marra shall uphold God’s justice.”

It is likely that Weizhen Tang is about to find out today, what Judge O’Marra thinks is an appropriate sentencing for Weizhen Tang, Canada’s worst ponzi scheme fraud.

Canadian Justice is a fraud, says Weizhen Tang, Chinese Warren Buffett, King of 1%, and now convicted ponzi scheme

“Canadian Justice is a fraud,” says Weizhen Tang, the so-called Chinese Warren Buffett, King of 1%, and now convicted ponzi scheme

Toronto –January 28–   A self-proclaimed “Chinese Warren Buffett,”  named Weizhen Tang, was convicted on October 30, 2012, of being the Chinese Bernie Madoff; convicted of organizing a $52 Million ponzi scheme fraud, one of the largest, worst ponzi scheme frauds in Canada.  But Tang still claims complete innocence in his case, and attacks the Canadian and Western justice, legal and financial systems.

Tang and his amicus lawyer, Hamilton lawyer, Peter Boushy, who unsuccessfully assisted Weizhen Tang at trial, are now seeking a lighter sentence against Weizhen Tang.  Tang, in fact, continues to proclaim his complete innocence, with obscure, rambling  internet and twitter postings.

Tang rants in public, on the internet about the racism of the Canadian, Western legal system; the persecution against Weizhen Tang, because he is Chinese, not Caucasian; because Tang is  not part of the elite…  On and on, Weizhen Tang rants.

The Crown, many in the media and public scoff at Tang; laughing at his claims of bias, persecution; his claims of alienation from the system, from society.  Yet, from much more distinguished experts of the Canadian Justice System; and, albeit, in a very much more measured, and methodical manner; a recent book seems to make many similar assertions about the legal system of Canada, “Middle Income Access to Justice” ( University of Toronto Press, 2012).

“Middle Income Access to Justice”( University of Toronto Press, 2012) is written by three very respected  law professors, Michael Trebilcock, Anthony Duggan, both at University of Toronto; and Lorne Sossin, Dean of Osgoode Hall Law School, York University, one of the top law schools in Canada, if not North America.

“Middle Income Access to Justice”( University of Toronto Press, 2012)  challenges many of the justice issues that  Weizhen Tang “rants” about today.  While some in the media and justice system paint Weizhen Tang as the convicted ponzi scheme, a comic King of 1%, and  Chinese Warren Buffett; the underlying criticisms of Weizhen Tang may hold frighteningly sad accuracy about a Canadian justice system that is failing Canadians.  Sadly, the laments of convicted ponzi scheme fraud, Weizhen Tang, may be confirmed by this very serious book, written by very serious, respected jurists –with a foreword by the Chief Justice of the Supreme Court of Canada, Her Worship, Beverly McLachlin.

One of the issues that Weizhen Tang rants about is the refusal of the Ontario Government and Justice System to provide him access to neither his frozen monies, nor Legal Aid.  Weizhen Tang claims this refusal has prevented Tang from mounting a proper legal defence; thus, depriving him of a fair and just trial.

Though the authors of “Middle Income Access to Justice” (University of Toronto Press, 2012) are speaking of the civil justice system of Canada, their critiques seem very applicable to the Canadian justice system as a whole:

“We are witnessing a staggering number of individuals trying to navigate an increasingly complex civil justice system without any or adequate legal assistance and feeling increasingly alienated from the system.”

“Significant improvements in the delivery of public services are unlikely without the support of those who principally fund them. To gain this support, the improvements must be pitched to a broader constituency than those who are most obviously in need.”

Sadly, in the foreword to  “Middle Income Access to Justice” (University of Toronto Press, 2012), Her Worship, Beverly McLachlin, Chief Justice of the Supreme Court of Canada, writes the following damning critique of the state of the Canadian legal system, and access to it, by “ordinary” Canadians.  Though again, writing about the civil justice system, the comments about Canadian justice are frightening:

“Lack of access to civil justice represents the most significant challenge to our justice system…

“If the task of the generations that preceded us was to build an excellent justice system, then the task that falls to our generation is to ensure that every man, woman and child has access to that system — not merely access on paper, but actual, meaningful and substantive access to justice.

“Regrettably, we do not have adequate access to justice in Canada. We have better access than in many countries, but it is still not what it should be. Among the hardest hit are the middle class.”

 

 

Tainted hero: Weizhen Tang, the Chinese Warren Buffett, convicted of largest ponzi scheme fraud in Canada?!

Yes, Weizhen Tang is a most unlikely hero for the battle against the injustices of the American and Canadian justice and financial systems.  Yet, hero is what Weizhen Tang may be…

Yes, some of Tang’s fraud victims lost their life savings, after learning that Weizhen Tang was a ponzi scheme fraud.  And yes, Tang shows no remorse for the financial devastation of his investors.  Terrible, in fact.  But why did the Ontario and Canadian justice systems NOT provide the certainty of the guilt or innocence of Weizhen Tang, by offering access to a lawyer, to frozen funds that Weizhen Tang claimed he could used for hiring a lawyer, for his legal defence, for a just trial?

Ontario Canadian Government prosecutors, Mr. Gavin Macdonald, and Mr. Robert Gattrell, showed documents at trial, that Tang raised some $52 Million; lost $19 Million in trading in the stock market; returned $30 Million to his investors; and diverted to himself and associated companies, with his wife and daughter, some $2.8 Million.

At trial, Tang did not seem to dispute this amount that Ontario Government prosecutors claimed.  Though Tang ranted about not having the financial resources to hire his own forensic accountants and experts.  Indeed, Weizhen Tang, the King of 1%, claims to this day, that he did not steal any money; lives in poverty, living now on government welfare; and rants that he still cannot hire the lawyers to mount a proper legal defence.

Supposedly without monies for his life, his family, nor a legal defence, Weizhen Tang constantly tweets and twitters, in his efforts to defend himself against his criminal charges.  Even during his trial, Weizhen Tang would try to remind the media and public that he was the Chinese Warren Buffett, the King of 1%; and that Weizhen Tang  was the “anti-fraud,” who can save the investors and people of the world; by showing up the “fraud” of the justice, legal, and financial systems of Canada, the US, and the world.

Sadly, the refusal of the Ontario Government and Justice System to provide Weizhen Tang with access to his funds, or Legal Aid, may be one of arguments by Weizhen Tang for an appeal of his conviction.

Weizhen Tang’s sentencing hearing resumes on February 1, 2013. 

But before any appeals of his conviction can be launched, Weizhen Tang, the King of 1%, the Chinese Warren Buffett, still faces his sentencning hearing before Judge Alfred O’Marra.  Sentencing hearing for Weizhen Tang continues on February 1, 2013.

The Crown prosecutors have sought a jail sentence of  8-10 years, against Weizhen Tang.  Tang’s amicus lawyer –Peter Boushy– seems to be seeking a jail sentence of 5 years or less, comparing Weizhen Tang to other convicted Canadian fraud cases, like Cineplex theatres owner, Garth Drabinsky, who was sentenced to 5-7 years in jail; but had his sentence successfully reduced on appeal to 5 years.

At his trial; and now at his sentencing hearing, Weizhen Tang, himself, continues to seek NO jail time; perhaps, hoping to reflect his claims that the Canadian and Ontario legal system’s failed to provide him legal counsel; and thus, proper and fair access to justice.

People have been laughing at Weizhen Tang’s contention of an unfair justice system.  Tang’s rants of persecution, racism, of the system.  The injustice, the unfair trials and access to justice… But the seemingly similar criticisms of the justice system are frightening in the 2012 book, “Middle Income Access to Justice” (University of Toronto Press, 2012).   To repeat, from the foreword to the book, the chilling comments of  Her Worship, Beverly McLachlin, Chief Justice of the Supreme Court of Canada:

“Regrettably, we do not have adequate access to justice in Canada. We have better access than in many countries, but it is still not what it should be. Among the hardest hit are the middle class.”

Mayor Rob Ford wins lawsuit appeal. Next week, former Mayoralty candidate, convicted ponzi, Weizhen Tang, sentencing continues

Mayor Rob Ford wins lawsuit appeal today. Next week, former Mayoralty candidate, convicted ponzi, Weizhen Tang sentencing continues

Toronto –January  25, 2013– The strange cosmic karma coincidence continues.   Today, Mayor of Toronto, Rob Ford, successfully wins his lawsuit appeal of a Judge’s legal decision that ousted him from office; while exactly, one week from now, another former Toronto Mayoralty candidate, Weizhen Tang, continues his sentencing hearing, after being convicted, as one of Canada’s worst ponzi scheme frauds.

Today, Mayor Ford won his lawsuit appeal, from an order removing him as Mayor of Toronto.  On November 26, 2012, Ontario Superior Court Justice, Judge Charles Hackland, found Mayor Rob Ford guilty of violating the Municipal Conflict of Interest Act.  Hackland ordered Mayor Ford to vacate his seat, within 2 weeks.  Ford successfully applied for a stay, so he wouldn’t have to resign yet, pending an appeal.  That appeal decision is released today, by a three-judge panel of the Ontario Divisional Court.  Mayor Rob Ford stays in office.  Judge Hackland erred.  Judge Hackland decision overturned.   No doubt, Weizhen Tang hopes for such an overturning of his conviction, as being one of Canada’s worst ponzi frauds.

Weizhen Tang, the Chinese Warren Buffett, convicted of largest ponzi scheme fraud in Canada

On October 30, 2012, a self-proclaimed Chinese Warren Buffett, named Weizhen Tang, was convicted of being more of a Chinese Bernie Madoff; convicted of organizing a $52 Million ponzi scheme fraud, one of the largest, worst ponzi scheme frauds in Canada.

One week exactly from today, on February 1, 2013, Weizhen Tang’s sentencing hearing continues before Judge Alfred O’Marra, a former prosecutor, himself.

But today, before the decision was publicly announced, allowing Mayor Ford to remain in office; Weizhen Tang, the self-proclaimed Chinese Warren Buffett, took the time to post the following message of support, on his Twitter account, to Toronto Mayor Rob Ford: “I support Rob Ford and democracy and people of Toronto, Rob Ford and People will win.”

Sadly, Mayor Rob Ford may not necessarily welcome Weizhen Tang’s support, as Tang is now infamously known as one of Canada’s worst ponzi scheme frauds.

But Tang remains defiant, shouting literally, his claims of innocence.  Tang and his amicus lawyer, Hamilton lawyer, Peter Boushy, who assisted Weizhen Tang at trial, continue Tang’s legal efforts, at Tang’s sentencing.  “Crown” Government prosecutors are seeking a jail term for the convicted Weizhen Tang of 8-10 years, and various fines; restitution to his some 200 investors.

Like Mayor Rob Ford, Weizhen Tang  has always proclaimed his complete innocence, often with obscure, rambling  internet and twitter postings; where Weizhen Tang attacks the Canadian and Western justice, legal and financial systems.

Since his charges for being a ponzi scheme fraud in 2009, Weizhen Tang has shown the similar self-righteousness displayed by Mayor Rob Ford –the same “doing no wrong” bravado.

In fact, even after being convicted of ponzi scheme fraud, Weizhen Tang, claimed that he and his wife, Hong Xiao; son Vance; daughter Weiyi, suffered the most from his ponzi scheme fraud activity.  In fact, during his trial, while on the stand, a defiant Weizhen Tang proclaimed several times, that he had suffered far worst than his investor victims!

On the other hand, at trial, the Crown prosecutors, lawyers Mr. Robert Gattrell and Mr. Gavin Macdonald, presented evidence and victim impact statements that Weizhen Tang’s ponzi scheme fraud had bilked some investors, out of their life savings.

Weizhen Tang and Mayor Rob Ford, both proclaim their utter innocence.

There are several sad, bizarre echoes between the cases of Mayor Rob Ford, and the Chinese Warren Buffett, Weizhen Tang; two larger-than-life titans,  both still facing the Canadian justice system.

With today’s victory in his appeal, to remain Mayor of Toronto, “Mayor Rob Ford” still faces major accusations of campaign expense violations –which again, could see Mayor Rob Ford removed from office.

To this day, Mayor Ford continues to steadfastly deny any wrongdoing in any and all accusations against him.

Weizhen Tang, the Chinese Warren Buffett, too, acts puzzled by his conviction!

In an open letter on December 10, 2012, Tang stated “I did not even know the meaning of the word, much less how to run one (a ponzi scheme fraud).”

The thinking process of  Mayor Rob Ford and Weizhen Tang

Mayor Rob Ford steadfastly proclaimed innocence in his conflict case, noting he didn’t personally take any of the money involved.  At the centre of Mayor Ford’s legal problem, was  $3,150, that was donated to Mayor Ford’s foundation, to help vulnerable youth, through football.   In a strange parallel, Tang claims he is innocent because he didn’t take any money either.

But at trial, Tang admitted that some money was diverted to him, his wife and associated companies; noting the money diverted to him was “legitimate” — both because the money was for “legitimate” business expenses; and because NOT a lot of money was diverted…  Some $2.8 Million was diverted, claimed Crown prosecutors Robert Gattrell and Gavin Macdonald.  Tang did not dispute the amount.

Again, defiantly, Tang claimed, that he deserved that money for successfully managing the investor fund –though he lost some $19 Million of investors’ money; versus his very public claims of making amazing investment returns of 1% weekly!  These claims of 1% returns, inspired another title for Weizhen Tang: the King of 1%.

Mayor Ford.  King of 1% Weizhen Tang

So today, January 25, 2013, Mayor Rob Ford remains Mayor of Toronto; while Weizhen Tang, the self-proclaimed King of 1%, the Chinese Warren Buffett, ponders his future, which sits in the hands of Judge Alfred O’Marra.

Interestingly, during his trial and sentencing, one of Weizhen Tang’s favorite rants , has been against the unfairness of the legal system.  It should be interesting to see how Mayor Rob Ford’s legal victory today, fits the world view of Weizhen Tang –the Chinese Warrren Buffett, the King of 1%, the convicted ponzi scheme fraud.

Perhaps, the most interesting cosmic coincidence, and commentary on modern politics in the intersection of Toronto Mayor Rob Ford, and King of 1%, Weizhen Tang: in 2010, Weizhen Tang was a former Toronto Mayoralty candidate, who ran AGAINST then Toronto Councillor Rob Ford.  Weizhen Tang, the King of 1%, got less than 1% of the vote.

Weizhen Tang ran, partly, on a platform of being the best candidate to stop government waste, and FRAUD…

WORLD EXCLUSIVE: Judge denies mental health assessment to Canada’s worst and largest ponzi scheme fraud, Weizhen Tang, Chinese Warren Buffett

WORLD EXCLUSIVE: Judge denies mental health assessment to Canada’s worst and largest ponzi scheme fraud, Weizhen Tang, Chinese Warren Buffett

Toronto. January 18, 2013 — This morning, Judge Alfred O’Marra denied the request for a mental health assessment for Weizhen Tang, convicted on Oct 30, 2012, of a $52 Million ponzi scheme fraud –Canada’s worst and largest ponzi scheme fraud.

The mental assessment motion came actually on January 11, 2013, from Tang’s amicus lawyer, Hamilton lawyer, Mr. Peter Boushy.

Tang was found guilty for criminal fraud; by a jury in almost record time, about 1 hour, in October  2012.  And the mental health assessment application, this January 2013, was requested by Tang’s amicus lawyer, during Tang’s sentencing hearing, to consider Tang’s possible mental health problems that might affect sentencing.

Today’s denial by Judge Alfred O’Marra, for such a mental health assessment, took some experts by surprise; as many people felt that there were very much signs of mental health issues with Weizhen Tang.   Tang’s Amicus Peter Boushy pointed out that as a retained lawyer, he would have ordered such a mental assessment for his client, who has been demonstrating various behavior problems, verbal and written rants about unfair persecution and injustice.

Such a mental health assessment would have taken several months, if Judge Alfred O’Marra had allowed the application by amicus lawyer, Mr. Peter Boushy.  Instead the sentencing hearing of Weizhen Tang is scheduled to continue on February 1, 2013.

Without greeting or preamble, this morning, Ontario Judge Alfred O’Marra immediately launched into the reading of his decision, that ultimately denied Tang’s application for a mental health assessment.

Judge O’Marra called Weizhen Tang a very “shrewd,” “a very good salesman,” who had convinced over 200 investors to give him money, in what was eventually found to be an elaborate ponzi scheme fraud.

Judge O’Marra used Weizhen Tang’s own expressions, in referring to the convicted ponzi scheme fraud, “Weizhen Tang, the Chinese Warren Buffett, the King of 1%.”

After handing down his decision on the mental health problem assessment, Judge O’Marra moved to reschedule the sentencing hearing.   Mr. Weizhen Tang noted that he had things that he wanted to say; at which point  Judge O’Marra cautioned Mr. Tang to focus on the sentencing hearing; and not seek to rehash or retry the trial.  Judge O’Marra sternly and simply called Tang’s grievances of persecution, injustice, “NOT relevant” at this stage of the legal process.

Judge O’Marra noted that Mr. Tang was found guilty; that the sentencing hearing was NOT an opportunity for Mr. Tang to make public statements, other than on Mr. Tang’s sentencing.

“Weizhen Tang, the Chinese Warren Buffett, the King of 1%, the Chinese Bernie Madoff”

From organizer of one of the world’s largest global goodwill rallies in early 2008, Weizhen Tang is now the convicted Chinese Bernie Madoff.  Quite a sad contrast to his global triumph of 2008, a rally on the steps of Canada’s Parliament, encouraging global friendship and harmony, as criticism against the China Beijing 2008 Olympics, became racism against Chinese peoples around the world.

For years, Weizhen Tang, the Chinese Warren Buffett, claimed investment returns of 1% per week, but as Judge O’Marra noted today in his decision, that by 2009, the King of 1%, Weizhen Tang, was forced to admit to his investors in the spring of 2009, that the $52 – $60 Million raised was completely depleted!

With the denial of the mental health assessment for Weizhen Tang, today, the session became a question about hearing dates with Judge Alfred O’Marra; senior Government “Crown” proscecutors, lawyers, Mr. Robert Gattrell, and Mr. Gavin Macdonald; and Mr. Tang’s amicus lawyer, Peter Boushy, trading dates.  Judge O’Marra and the Crown prosecutors pushing obviously for earlier dates.

Weizhen Tang’s future seems dimmer now.  After today’s hearing, in the cold winter winds, Weizhen Tang, spoke with media briefly; continuing his rantings about the injustice of the system; including the recent not-guilty verdict of Nortel officials, in their criminal fraud case.

Weizhen Tang, the “Chinese Warren Buffett,” “King of 1%” runs out of the court

Looking more and more like the Chinese Bernie Madoff, Mr. Weizhen ran off towards Toronto City Hall; mentioning about a hearing at the Ontario Securities Commission, OSC, to fight his trading ban.

Tang noted that he is the “Chinese Warren Buffett,” the “King of 1%,” and that he would restore his name, and his investors’ losses, if Judge O’Marra and the OSC would allow Weizhen Tang to trade again.

Smiling, Weizhen Tang also noted that he was soliciting some letters of reference, from government and society leaders, that would show the good character of Weizhen Tang, to Judge O’Marra, the media and the people.

Mr. Tang, the Chinese Warren Buffett, the King of 1%, has been banned from trading securities in Ontario, since March, 2009.  Mr. Tang continues to proclaim his trading ability, that could restore his name and reputation, and the money to his investors.

WORLD EXCLUSIVE: Canadian Justice System on Trial: Fraud Verdicts of Nortel, and Weizhen Tang, the Chinese Warren Buffett

WORLD EXCLUSIVE: Canadian Justice System on Trial: Fraud Verdicts of Nortel, and Weizhen Tang, the Chinese Warren Buffett

Toronto. January 16, 2013 –On Oct 30, 2012, an Ontario, Canada, Judge, “Crown” prosecutor lawyers, and jury presided over a guilty verdict for Weizhen Tang, a self-proclaimed, “Chinese Warren Buffett.”  Tang had some 200 investors, several lost their life savings.

On Monday, January 14, 2013,  another Ontario court acquitted 3 top executives of fraud at Nortel, formerly one of Canada’s and the world’s greatest telecommunications companies.   At its height, Nortel had about 90,000 employees, and was Canada’s largest company, with a market capitalization of some $300 billion.  Beyond the sad loss to shareholders, former Nortel employees, pensioners, and disabled pensioners are now fighting for the remaining $9 Billion in Nortel’s assets.  There are some $25 Billion in claims…

Ontario prosecutors had charged that three Nortel executives: the former CEO, Frank Dunn; the former CFO, Douglas Beatty; and Controller, Michael J. Gollogly.  Amongst their charges, they were accused of  manipulating cash reserves during 2002 and 2003 to create quarterly profits that triggered to them personally, bonus payments of some  $12.8 million.  They were fired in 2004, as Nortel fell into hell, restating several times, the Nortel financials.

Ontario Superior Court Judge, Justice Frank N. Marrocco, accepted their pathetic defence claims that Nortel executives had not conspired to enrich themselves.

Interesting, in the case of Weizhen Tang, Tang has always claimed that he did not enrich himself; that money “diverted” to his accounts, were for legitimate business expenses; that  he was doing his strategies for the ultimate benefit of his investors!

In Tang’s case, investors were given untrue financial statements that they were getting 1% returns per month!  The Government prosecutors claimed that Weizhen Tang was a giant ponzi scheme fraud that raised some $52 Million, to become one of the worst ponzi schemes in Canada and the world.

In the case of Nortel, Ontario Judge Marrocco rejected the prosecution claims that the 3 executives had mispresented the company’s finances.  They were just aggressive?!

Weizhen Tang is convicted by an Ontario court, for providing his investors with financial statements that did not represent the true state of the financial situation of the company.  

Nortel executives are found innocent by an Ontario court, for providing his investors with financial statements that did not represent the true state of the financial situation of the company.

 

Nortel shall become one of Canada’s and the world’s worst and most shameful legal cases.

Thus, Nortel became one of Canada’s largest and most shameful bankruptcies.  And with this verdict, in 2013, it looks like Nortel shall become one of Canada’s and the world’s worst and most shameful legal cases.

After the verdict, Nortel ex-CEO Frank Dunn, spoke pathetically about vindication, integrity, corporate  governance.   There are some $25 Billion in remaining claims against Nortel.  There are some $9 Billion in cash assets to the bankrupt Nortel.  No doubt, Nortel’s out-of-luck ex-suppliers, employees, pensioners, disabled pensioners, investors take great comfort, in Dunn’s kind after-verdict comments –some of these people, having lost their life savings with the bankruptcy of Nortel, after the several “restatements” of the financials of the Nortel, lead by Frank Dunn, Douglas Beatty; and Controller, Michael J. Gollogly…

 

Nortel, Cineplex, Weizhen Tang: What is the Canadian justice system doing?

The Ontario government prosecutors have not commented yet.  Perhaps, they shall appeal.   Otherwise, hopefully, the American SEC, Securities and Exchange Commission, shall seek justice; and launch its civil fraud charges against the former Nortel executives.

Interestingly, some have called Weizhen Tang, the Chinese Warren Buffett, and the “Chinese Bernie Madoff.”  Bernie Madoff got some 150 years in jail, upon conviction for his ponzi scheme fraud.  The Nortel officials are now free.   Weizhen Tang faces sentencing by Ontario Judge Alfred O’Marra.  Government lawyers, Mr. Robert Gattrell, and Mr. Gavin Macdonald, have sought 8-10 years in jail, for the convicted Chinese Warren Buffett and Chinese Bernie Madoff.

Recently, in Ontario, Canada, another high-profile financial-statement-fraud, Garth Drabinsky, former CEO of the famous Cineplex Theatre group and scandal, was convicted of fraud –cooking the books too.  He was sentenced to 7 years, reduced to 5 years on appeal.   In the USA, Madoff is facing 150 years…

With the cases of Weizhen Tang, Garth Drabinsky, and Nortel, the Canadian justice system is looking rather puzzling, if not downright inconsistent, unjust, tainted…  After all, as Weizhen Tang pointed out at his sentencing hearing the old but true maxim: Justice must not only be done, it must be seen to be done…”

The failed and unjust trillions in government bailouts and employment schemes?!

The world economic and social orders are collapsing, with the recent trillions of dollars for failed government bailouts, failed employment programs.  With the growing awareness by the peoples of Canada, the USA, China and the world, people are increasingly questioning the decisions of governments, the legal and financial systems.

The Canadian justice system was once considered an honoured, fair and just system.  

The system is now being questioned with such widely inconsistent, possibly tainted verdicts, as Conrad Black, Garth Drabinsky, Weizhen Tang, and Nortel.   Another former Nortel CEO, John Roth, was NOT even charged by the Ontario government in the Nortel case.  Or should we call it now the Nortel Canadian Justice System failure…?!

Though John Roth was Nortel CEO during the period of the financial “restatements” of Nortel, the Canadian justice system did NOT even charge Roth.  Roth is living happily on hundreds of millions of dollars in Nortel salaries, bonuses, stock options…

Frighteningly, Weizhen Tang claims that his prosecution is possibly a case of convenient scapegoating; with possible racist overtones.  In this world exclusive, Weizhen Tang points out that “unlike the Nortel executives, Weizhen Tang is not part of the Canadian society elite, not part of the Canadian corporate elite… not white…”

Is Tang correct in his accusations, or simply delusional?  Ironically, on January 11, 2013, during his sentencing hearing, Weizhen Tang’s amicus lawyer, Hamilton lawyer, Peter Boushy, applied for a mental health assessment of Weizhen Tang.  Tang’s presiding Judge Alfred O’Marra is expected to offer a decision on such a mental health assessment of Weizhen Tang this week, on January 18, 2013.

Canadian Justice System on Trial?!

Weizhen Tang muses about what is more crazy, his conviction or the not-guilty verdict for Nortel’s executives and their financial statement manipulations.  Whether Weizhen Tang successfully gets a mental assessment,  the “crazy” legal decision of Nortel now hangs over the Ontario and Canadian justice system.

Justice must not only be done, by it must be seen to be done, indeed….

WORLD EXCLUSIVE: Canada’s worst and largest ponzi scheme fraud, Weizhen Tang, Chinese Warren Buffett; to become mental health problem case

WORLD EXCLUSIVE: Canada’s worst and largest ponzi scheme fraud, Weizhen Tang, Chinese Warren Buffett; to become mental health problem case; with surprise application for mental health assessment

Toronto. January 11, 2013 — Weizhen Tang, convicted of a $52 Million ponzi scheme fraud –Canada’s worst and largest ponzi scheme fraud– is revealing another sad and bizarre development; that Weizhen Tang is likely to agree to a motion for a mental health problem assessment. The motion coming from his amicus lawyer, Hamilton lawyer, Mr. Peter Boushy, Weizhen Tang’s amicus lawyer through his lengthy 28-day trial. The trial resulted in a guilty conviction against Tang by a jury.

Weizhen Tang does not see this assessment of his possible mental health problems, as a negative.  Instead, Tang claims that such an assessment would be another step in Tang’s journey to prove his innocence to the Judge, his investors, the media, and the good peoples of Canada, the US, China and the world.

With such a possible surprise development, an application to the presiding Judge, Justice Alfred O’Marra, the legal case of Canada’s worst and largest ponzi scheme fraud, Weizhen Tang, the self-proclaimed Chinese Warren Buffett; transforms into one of Canada’s highest-profile, and worst mental health problem cases.

Such a mental health assessment would likely take several months, if Judge Alfred O’Marra allows the application by amicus lawyer, Mr. Peter Boushy.

A delaying tactic by the convicted ponzi scheme fraud, Mr. Weizhen Tang?

Not likely, as Amicus Peter Boushy is not Weizhen Tang’s defence lawyer, but the “friend of the Court,” as amicus; appointed by the COURT, to ensure justice, and the proper administration of justice and the trial.  What has Amicus Peter Boushy then seen about Weizhen Tang, to have caused Amicus Peter Boushy to have such concern about Weizhen Tang’s mental health, as to seek an application to have Weizhen Tang’s mental health assessed?!

How will this mental health assessment influence the sentencing hearing, and eventual sentencing of Weizhen Tang, the Chinese Warren Buffett –or rather, Weizhen Tang, the Chinese Bernie Madoff, now convicted of Canada’s largest and worst ponzi scheme fraud of his time?

The fall of Weizhen Tang?

What a fall for Weizhen Tang, once one of the most prominent Chinese figures outside of China. Tang was a respected community and international leader, donating and leading campaigns to help relief efforts for disasters in China; organizing one of the world’s largest global goodwill rallies in early 2008; encouraging global friendship and harmony, as criticism against the China Beijing 2008 Olympics, became racism against Chinese peoples around the world.

For years, Weizhen Tang, the Chinese Warren Buffett, claimed investment returns of 1% per week, but by 2009, the King of 1%, Weizhen Tang, was forced to admit to his investors in the spring of 2009, that the $52 – $60 Million raised was completely depleted! Convicted on October 30, 2012, Weizhen Tang has had a twisting legal proceeding: jailed after his conviction, for lack of a surety; released with a new pair of surety; until today, where Tang has been battling again, during his sentencing hearing before Judge Alfred O’Marra, and senior Government “Crown” proscecutors, lawyers, Mr. Robert Gattrell, and Mr. Gavin Macdonald.

During the trial, Crown lawyers Gattrell and Macdonald successfully convinced a jury of Weizhen Tang’s guilt. The jury took only an hour or so, to return a guilty verdict against Weizhen Tang, the Chinese Warren Buffett. Since then, Weizhen Tang has continued to shout his innocence, showing no remorse to the public, the media, nor the Judge. Ironically, Tang’s behavior was causing speculation about Tang’s possible mental health problems.

Weizhen Tang’s sentencing

The sentencing hearing of Weizhen Tang resumed after the Christmas holiday on January 9, 2013. It was adjourned by Judge Alfred O’Marra, after he cut off various rantings by the convicted Weizhen Tang, that Judge O’Marra felt inappropriate to the sentencing hearing. Weizhen Tang had launched back into bold attacks against the problems of the justice and financial systems; views that Tang has been putting forward since his criminal fraud charges in 2009.

The sentencing was expected to conclude today.  But with this new surprise application over the mental health of Weizhen Tang, the King of 1%, the Chinese Warren Buffett; the future of Tang’s sentencing may be delayed several months again, if Judge Alfred O’Marra grants a motion for a mental health assessment.

What shall be the ultimate title and legacy associated to Weizhen Tang?    After today’s issue of Tang’s mental health problems,  shall Weizhen Tang fall to disgrace as the convicted Chinese Bernie Madoff?

Over the years, and even at trial, Tang has asked, challenged Crown prosecutors, Mr. Robert Gattrell, and Mr. Gavin Macdonald, and Judge O’Marra; asked and challenged to be allowed to trade again, so he can pay back his investors, and restore the Weizhen Tang name.

Tang’s sentencing hearing continues today.   The Crown prosecutors are seeking 8 to 10 years in jail, restitution, and a ban against Tang’s future trading.  Weizhen Tang is seeking no jail time, the right to future trading, and the restoration of his reputation.  Amicus Peter Boushy is seeking apparently, an assessment of the possible mental health problems of Weizhen Tang, the “Chinese Warren Buffett.”

Shall Weizhen Tang return in the future, and be remembered in history as Weizhen Tang, one of the world’s greatest investmen5t traders, greater than Warren Buffett, as Tang claims?  Shall Weizhen Tang be the “King of 1%“?

Legitimate mental health problems? 

The ultimate Chinese Warren Buffett, the ultimate Chinese Bernie Madoff?  The ultimate sentencing of Mr. Weizhen Tang may be delayed months away again, with this surprise  application development, today.

Mayor Rob Ford appeal today. In two days, Chinese Warren Buffett, Ponzi Weizhen Tang sentencing continues

Mayor Rob Ford appeal today. In two days, Chinese Warren Buffett, Ponzi Weizhen Tang sentencing continues

Toronto –January 7, 2013– Funny coincidence again, or cosmic karma?   On November 26, 2012, Ontario Superior Court Justice, Judge Charles Hackland, found Mayor Rob Ford guilty of violating the Municipal Conflict of Interest Act.  Hackland ordered Mayor Ford to vacate his seat, within 2 weeks.  Ford successfully applied for a stay, so he wouldn’t have to resign yet, pending an appeal.  That appeal was heard today; before a three-judge panel of the Ontario Divisional Court.

Weizhen Tang, the Chinese Warren Buffett, convicted of largest ponzi scheme fraud in Canada

On October 30, 2012, a self-proclaimed Chinese Warren Buffett, named Weizhen Tang, was convicted of being a Chinese Bernie Madoff; convicted of organizing a $52 Million ponzi scheme fraud, one of the largest ponzi scheme frauds in Canada.

Two days from today, after Mayor Rob Ford’s appeal hearing, Tang’s sentencing hearing continues on January 9, 2013.   Tang and his amicus lawyer, Hamilton lawyer, Peter Boushy, who unsuccessfully assisted Weizhen Tang at trial, are not only seeking a lighter sentence against Weizhen Tang.  Tang, in fact, continues to proclaim his complete innocence, often with obscure, rambling  internet and twitter postings; where Weizhen Tang attacks the Canadian and Western justice, legal and financial systems. 

With a touch of the Mayor Rob Ford self-righteouness, of doing no wrong, ponzi scheme organizer, Weizhen Tang claims that he and his wife, Hong Xiao; son Vance; daughter Weiyi, suffered the most, from his ponzi scheme fraud activity –suffering worse than Tang’s investor victims?!  Indeed, Weizhen Tang, recently, revealed to the media and public, a secret that many people would keep private: that Weizhen Tang wife, Hong Xiao, suffered a mental breakdown because of Tang’s ponzi fraud activity.

Perhaps, Weizhen Tang can use his wife’s breakdown to balance the harrowing stories of his ponzi fraud victims, that include stories of Tang’s victims who considered committing suicide, after learning that Weizhen Tang was a ponzi scheme fraud, that had bilked them out of their life savings, in some cases.

Karma, indeed, as both Weizhen Tang and Mayor Rob Ford, both proclaim their utter innocence. 

There are sad, bizarre echoes between the cases of Mayor Rob Ford, and the Chinese Warren Buffett, Weizhen Tang; two larger-than-life titans, now facing the Canadian justice system. 

To this day, Ford continues to steadfastly deny that he has done any wrong.  What about the money that Mayor Ford received from companies doing business with the city?  According to Mayor Ford, the money involved was a small amount, $3100…  And besides, all the money went to buying football equipment for vulnerable youth…   And in any case, Mayor Rob Ford didn’t know he did anything wrong, because he never read the conflict-of-interest guidelines….

Tang too, acts almost puzzled by his conviction!  In an open letter on December 10, 2012, Tang stated “I did not even know the meaning of the word, much less how to run one (a ponzi scheme fraud).”

The thinking process of Weizhen Tang 

Tang claims he is innocent because he didn’t take any money either.  But at trial, Tang was forced to admit that he took some money, from investors; but that that money was ok, because it was NOT a lot of money… And besides, Tang deserved that money for managing the investor fund –though he lost some $19 Million of the investor fund, versus his very public claims of making amazing investment returns of 1% weekly!  These claims inspired another title used by Weizhen Tang: the King of 1%.

The Government prosecutors, Mr. Gavin Macdonald, and Mr. Robert Gattrell, claimed at trial, that Tang diverted to himself and associated companies, with his wife and daughter, some $2.8 Million.  In fact, in their sentencing submissions, the Crown prosecutors have sought a fine against Weizhen Tang of the $2.8 Million. 

In response, at trial, Tang did not seem to dispute this amount that Ontario Government prosecutors claimed; instead  Tang liked pointing out to the Judge, jury and media, that Weizhen Tang has no private helicopters or private planes, no mansions, no hidden bricks of money…  Critics note that there are no hidden monies that anyone has found yet.  Tang quips back, that the Government has failed to find any hidden money, in some 3 years, since charging Tang with criminal fraud, and Ontario securities violations.

Like Mayor Rob Ford, who did it for the children; Weizhen Tang claims now that he did it for his investors. 

With his legal problems, Toronto Mayor Rob Ford continues to “fight for the taxpayers” of Toronto.  While to this day, Weizhen Tang tweets and twitters that he is the “anti-fraud,” who can save the investors and people of the world; by showing up the “fraud” of the justice, legal, and financial systems of Canada, the US, and the world.

The decision is expected in a few weeks, in today’s hearing of Mayor Rob Ford’s appeal of Judge Hackland’s decision finding Mayor Ford guilty of conflict-of-interest. 

Weizhen Tang’s sentencing hearing resumes on January 9, 2013. 

While in the same next few weeks, in Weizhen Tang’s case, there is speculation amongst legal experts, that the presiding Judge, Justice Alfred O’Marra, is likely to impose a harsh sentence on Weizhen Tang.  As a former Government Prosecutor, a “Crown” attorney, Justice O’Marra is likely to set an example of Weizhen Tang; especially given Tang’s seemingly complete lack of remorse.  In fact, Tang has mused that if Mayor Rob Ford is forced to resign from office, then Weizhen Tang would run for Mayor of Toronto… 

As bizarre as that may sound, Weizhen Tang enjoys often reminding the media and the public, that he ran for Mayor –ironically, against Rob Ford, in the most recent election of 2010.  Ford garnered some  383,501 votes, 47% of the vote; Tang got some 890 votes, .11 %.   An interesting showing, given that Weizhen Tang was at that time, already charged with criminal fraud.

If Mayor Rob Ford loses his appeal, he would be required to resign his seat; and Toronto politicians, City Council, could  then decide to call a special election.  Amazingly, convicted ponzi scheme organizer, Weizhen Tang enquired, whether in the case of a special election, Tang could run for Mayor of Toronto, while appealing his conviction for fraud…

So today, January 7, 2013, Mayor Rob Ford returns to his office, the Office of the Mayor; pending the decision of his appeal of Judge Charles Hackland.  

While Weizhen Tang, the self-proclaimed King of 1%, the Chinese Warren Buffett, wonders if he should be returning to prison, convicted of being the largest ponzi scheme fraud in Canada, at the time.  Tang returns to court in two days, on January 9, 2013, to continue his sentencing hearing, before Justice Alfred O’Marra.