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A Chinese-Canadian businessman was charged Thursday in connection with an alleged fraud and money-laundering case involving hundreds of millions of dollars and thousands of investors in China.

Edward Gong, who lives in Toronto’s North York neighbourhood and has established himself as a hotel, television, and health supplements mogul was charged Thursday following a months-long investigation into his affairs, led by the Joint Serious Offences Team of the Ontario Securities Commission.

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Gong, who also goes by the name Xiao Hua Gong, faces four charges under the Criminal Code of Canada: fraud over $5,000, possession of property obtained by crime, laundering proceeds of crime, and uttering a forged document.

He is accused of using two of his companies, O24 Pharma PLC and Canada National TV Inc., to fraudulently sell securities to Chinese citizens between January of 2012 and Dec. 20 of this year.