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A Vancouver financial fraudster convicted of selling bogus investments to several people was handed a 13-month jail sentence this week, according to the B.C. Securities Commission.

It means 38-year-old Ayaz Dhanani has been sentenced in provincial court to a total of three years in 2018 for financial fraud against five victims. That is rare jail time in British Columbia for a financial fraudster.

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Dhanani was also ordered to provide a sample of his DNA.

He pled guilty in October to fraud over $5,000 and to three B.C. Securities Act offences.

In August, Dhanani pled guilty to four counts of fraud over $5,000 and offences under the securities act, including disobeying a B.C. Securities Commission order against trading, failing to file a prospectus (a formal document that provides details of an investment) and misleading investors.

Dahnani — who is also known by several aliases, including Azim Virani and Samuel Ramos — was handed a 23-month sentence for the August offences.