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.”


About weizhen tang

The Chinese Warren Buffett or the Chinese Bernie Madoff. The King of 1% with investment returns of 1% per week! Or a ponzi scheme. These are recessionary, depression economic times with increasing mass unemployment, financial Wall Street corruption and scams; bank failures and failed, huge government bailouts and stimulus. Check in daily to read about information that can save you, your family, your loved ones, in the upcoming economic and social chaos. Be welcome to email confidentially, your thoughts, information, whistleblower tips about Weizhen Tang, ponzi scheme, government and corporate waste and corruption! Email us confidentially anytime at:
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