Today may have been a sentencing hearing in B.C. Provincial Court, but we won’t know until tomorrow how long the woman considered to be the province’s biggest ponzi scheme fraud could be jailed for.
But Rashida Samji did speak to the judge in a barely audible whisper, saying “I deeply regret it,” to 28 counts of theft and fraud of 200 investors between 2003 and 2012.
READ MORE: Rashida Samji convicted in 100M Ponzi scheme
Meanwhile Ron Usher, who is the court-appointed custodian of Samji’s Notary practice, says before she was caught no one suspected that she was one of the province’s biggest frauds; however, her extravagant lifestyle was on display.
“She would often appear at public gatherings and conferences, people would comment on how fabulous her dresses were, how remarkable her clothing and jewelry was.”
Oral ruling tomorrow in Rashida Samji sentencing, judge says. Prosecutors have called for 7-8 years.— Jeremy Lye (@JJLye980) September 27, 2016
They trusted her with millions of their dollars, she repaid them with a feeling of shame at having been ripped off.
Today some of Rashida Samji’s victims spoke at her sentencing hearing today, the impact statements saying how they’ll never get back the hundreds of thousands of dollars they’ve personally lost while Samji lived what the court heard today was a lavish lifestyle at their expense.
“I think there were people who just assumed that her family was wealthy.”
“I think it was just a common assumption that the Samji’s had done well and this fit somehow within the family wealth.”
Samji is expected to be sentenced tomorrow morning.