Road tear up by St. John's City Hall starts next week
Road construction will begin on New Gower Street in front of St. John's City Hall Wednesday.
Frenchy’s Thrift Boutique/ Bambi Land Inc. owner Israt Khan (left) invited members of the media to go with her to Confederation Building early Monday morning, where she said she would be meeting with representatives of Service NL to discuss a notice issued by the department late Friday afternoon.
©Photo by Joe Gibbons/The Telegram
Frenchy’s Thrift Boutique/ Bambi Land Inc. owner Israt Khan invited members of the media to go with her to Confederation Building early Monday morning, where she said she would be meeting with representatives of Service NL to discuss a notice issued by the department late Friday afternoon.
However, Khan did not have a meeting scheduled and was denied entry to the department by security officers. She was advised to contact the department’s Financial Services Regulation division.
The Service NL notice warned members of the public against investing money with Bambi Land Inc., saying it was trading in securities and soliciting people to invest money via social media and in an advertisement in The Telegram. Neither the business name nor Khan have ever been registered under the Securities Act to solicit or trade securities here, government said.
The ad and Facebook posts invited readers to invest $5,000 with the business and get back $6,000 after four months.
“Double your money with me in 5 months. That’s right. Minimum admin fees applies (sic) and will be deducted at the end.”
Khan told The Telegram what she is doing is perfectly legal, since she is “not trading in securities.” It’s her impression now, she says, that she must pay a registration fee in order for her to set things straight.
Khan was also in the news mid-December, after members of a Facebook group called Boycott Frenchy’s alleged she posted threatening messages to them and mistreated employees. Khan, in response, said someone had framed her for the threats by making a fake Facebook profile with her name.
Service NL is asking anyone who has already invested money with Bambi Land Inc to contact them at 729-2596, and is advising the public to research investment opportunities before participating in them, and to check the Canadian Securities Administration website by visiting www.securities-administrators.ca and clicking on “National Registration Search.”