British Columbia Securities Commission

British Columbia Securities Commission

June 08, 2017 15:00 ET

BCSC encourages former Bossteam E-Commerce investors to submit claims

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 8, 2017) - The British Columbia Securities Commission (BCSC) is encouraging investors who lost money to Bossteam E-Commerce to submit their Proof of Claim online before August 4, 2017.

On April 12, 2017, the BCSC announced that a Receiver had been appointed to administer a claims process to return funds to investors who lost money to Bossteam and its cofounders Yan Zhu (a.k.a. Rachel Zhu) and Guan Qiang Zhang. The Receiver has approximately $10 million to distribute and is accepting claims from investors and creditors until August 4, 2017.

Information on how to submit a Proof of Claim is available in both English and Chinese on the website: www.bossteamclaims.com.

For more information on the Receiver appointment, view the original press release.

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

  • A securities market that is fair and warrants public confidence
  • A dynamic and competitive securities industry that provides investment opportunities and access to capital

Learn how to protect yourself and become a more informed investor at www.investright.org.

To view the Chinese version of this press release please click on the following link: http://media3.marketwire.com/docs/SCSC0608Fr.pdf

Contact Information

  • Media Contact:
    Alison Walker
    604-899-6713

    Public inquiries:
    604-899-6854 or 1-800-373-6393 (toll free)
    inquiries@bcsc.bc.ca