Woman who preyed on Chinese students fined $3.3-million by BC Securities Commission

A woman who used “high-pressure tactics and predatory conduct” on Chinese students has been fined $3.3 million by the BC Securities Commission.The commission says in a statement that a panel ordered Meiyun Zhang to pay an administrative penalty of $2.5 million and more than $790,000 in the traceable cash she’s alleged to have obtained through fraud.The commission says that between 2014 and 2016, Zhang raised money using a variety of pitches “calibrated to each victim,” including exchanging foreign currency, helping students immigrate to Canada or by providing loans to Chinese students to obtain Canadian visas.