The judge appointed a receiver to take control of Tang's assets, which also include WinWin Capital Partners LP and Bluejay Investment LLC.
Earlier this month, the commission put out an investor warning that said Tang may be soliciting residents of Ontario for investment purposes and that previous Oversea Chinese Fund investors, their family or friends may be targeted.
Staff Sgt. Ed Tymburski, a Toronto police spokesman, said two officers arrested Tang aboard the plane when his flight arrived at Pearson International Airport.
Arrangements had been made between police and Cuddy in November to bring the suspect back to Air Max Sequent White
The Ontario Securities Commission alleges Tang committed securities fraud. He's also accused of unregistered trading in securities and illegal distributions of securities. His trial in provincial court in that case is scheduled to begin April 19.
'Chinese Warren Buffet' arrested in Toronto upon return from China
The warrant is in addition Nike Air Max 95 Miami Vice
It's alleged that between January 2006 and March 2009, more than 100 victims were defrauded of approximately $30 million through an online trading Ponzi scheme. Toronto police allege there were victims in the United States, China and Canada, including one Toronto area resident who allegedly lost $2.4 million.
A well known figure in Toronto's Chinese community, Tang helped fund the Chinese Lunar New Year Show and put on investment summits that featured economists from China and the United States.
Tang had been planning to Nike Air Max Yeezy return to Canada on Dec. 29 and had asked for an extension but police were not happy with that, said Loftus Cuddy, Tang's lawyer.
his company is based in the city, Cuddy said.
TORONTO Financial adviser Weizhen Tang who's accused of orchestrating a Ponzi scheme that allegedly defrauded investors of tens of millions of dollars was arrested Wednesday night upon his return to Toronto from China.
A native of mainland China, Tang came to Canada in the 1990s. He is a Canadian who lives in Toronto with his wife and children and Nike Air Max 95 Id
A police investigation was launched in April 2009 after a number of people walked into a Toronto police division to complain that they'd been defrauded.
Canada in late December, but he did not return and police said they believed he was trying to raise money for his defence in Asia.
to 12 counts of breaching the Securities Act laid last June by the Ontario Securities Commission in connection with the hedge fund Tang administers, the Oversea Chinese Fund Limited Partnership.
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