Ontario – Toronto GTA – Downtown Toronto
Director
Ontario
Toronto GTA
Downtown Toronto
Director
active
Director of Enviromatrix Technologies Inc.
Director of Global Telenet Corporation
Director of Strata Technologies Corporation
Enviromatrix Technologies Inc.
Global Telenet Corporation
Strata Technologies Corporation
No associations
LandOfFree
David Burns Holden has received 45 rating(s) and 45 review(s), resulting in an average rating of 2.05 on a scale from 1 to 5. The overall rating for this director is bad.
If you have personal experience with David Burns Holden, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and David Burns Holden will most certainly appreciate the feedback.
Anonymous Seaquest Investor
David relied heavily on his managers. He should have spent more time questioning what was happening instead of watching what was happening.
Was this review helpful to you? Rating [ 4.30 ]
Trail Blazer
RCMP Charge 5 People in Alleged $ 75 Million Bankruptcy Fraud (Toronto, Ontario – January 30, 2015) – The Royal Canadian Mounted Police (RCMP) GTA Financial Crime Section charged five former executives of SEAQUEST CORPORATION, SEAQUEST CAPITAL CORPORATION, (SEAQUEST) and its related companies with Criminal Code as well as Bankruptcy and Insolvency offences. In November 2011, SEAQUEST initiated bankruptcy proceedings in order to obtain creditor protection from their investors as SEAQUEST claimed they were unable to pay their creditors after amassing a debt of $75 million owed to approximately 70 creditors. In February of 2012, the Office of the Superintendent of Bankruptcy (OSB) referred the matter to the RCMP who launched an investigation into SEAQUEST’s activities. It is alleged that SEAQUEST collected $92 million dollars from investors with the promise rates of returns up to 36%. However, it is also alleged that the money was not invested but instead put into a Ponzi scheme, where new investor funds were used to pay old investors. The previous investors were then convinced to re-invest those returns. As a result of this investigation, the following individuals have been charged under the Criminal Code (CC) with Fraud Over $5,000.00, Money Laundering, and Commission of offence for Criminal Organization: •David Burns HOLDEN (52) of Richmond Hill •Rose/Rosa Rita HOLDEN (57) of Richmond Hill •Anthony Mario COSENTINO (67) of Toronto •Andrew GAUDET (43) of Oakville •Edmond Chin Ho SO (37) of Toronto Additionally David and Rose HOLDEN have been charged with 3 Bankruptcy and Insolvency Act charges. Their next court date is on March 2nd 2015 at Old City Hall, and that David Holden is scheduled to appear today for a Show Cause.
Was this review helpful to you? Rating [ 1.00 ]
Rose Holden
Very reliable, resourceful and able to perform under stress.
Was this review helpful to you? Rating [ 5.00 ]
Seaquest Investor Now Creditor
The whole Seaquest story is very upsetting. I don't who to blame; Mr. Holden or Mr. Tucker now that I know the whole story.
Was this review helpful to you? Rating [ 4.35 ]
Profile ID: LFCA-COD-P-427302