Ponzi scheme Weizhen Tang to court without a lawyer?
On November 17, 2010, accused ponzi scheme, Weizhen Tang, returns to court, as his case ramps up towards trial, at this point, scheduled in spring of 2011.
But the status of Tang and his legal defence team seems to be still in limbo! According to sources, Tang is still seeking government Legal Aid, in his battle to clear his name and reputation as one of the largest ponzi schemes in Canadian history.
A graceful, articulate Chinese woman lawyer, Haiyun Wang, represents Tang in his regulatory charges by the Ontario Government. Tang is yet to have official legal representation on his criminal charges by the Toronto Police. Though, distinguished, respected criminal lawyer, Jack Pinkofsky, has appeared several times at court, with Tang.
Tang’s supporters and critics are speculating whether this is a strategy by Tang to maneuver with the government. Or is the situation as pathetic as Tang suggests, “I, Weizhen Tang, am without means of survival. This is injustice of the justice system. OSC, Ontario Securities Commission, frozen my money, frozen my investors’ money. OSC ban me from trading, banning me from making livelihood! But they cannot find the huge monies, they say initially, that I am ponzi scheme, taking huge monies from my clients. But they cannot find huge monies missing…
“But without money, investors, I cannot mount a proper legal defence. I can’t even hire full legal team, criminal lawyer, to defend me…. My lawyer, Ms Haiyun Wang, needs more money to defend my case. But just like in David Chen case. Overzealous Toronto Police and prosecutors charge us, with crimes. Then, we must spending monies, lots of money, to hire lawyer, and defend ourselves in court, against false charges.”
Tang remains confidently that he shall be proven innocent in his charges, even without legal representation…?! Without a lawyer? Tang defiantly adds, “I shall get justice. I shall prove my innocence from ponzi scheme. I know that I am innocent, and that the court shall see this. And that I shall raise the money necessary to help my lawyers, to prove my innocence, to the fullest.”
Tomorrow, Tang appears in court. November 17, 2010.