A B.C. Securities Commission (BCSC) panel has imposed a $1.6-million penalty on a B.C. man who defrauded an investor by claiming to own the legendary Sooke Harbour House resort hotel.
Timothy Craig Durkin has been involved in a years-long dispute with the original owners of the hotel, which has hosted Hollywood stars and royalty for more than 40 years in Sooke, a tourist hotspot on the southern tip of Vancouver Island, around 40 kilometres southwest of Victoria.
In January, the commission found that Durkin raised $1 million from an investor between December 2015 and March 2016, promising the investor a 40 per cent share in the
