The BC Securities Commission (BCSC) alleges a Surrey resident raised more than $200,000 from local investors and spent most of it on gambling and personal expenses. The allegations have not been proven.
Who is named
Regulators say David Lawrence Pazurik, operating through his sole proprietorship Pazman Promotions, collected $200,460 from 14 investors between 2021 and 2022.
What investors were promised
According to the BCSC, Pazurik offered profit-sharing agreements, claiming investor money would finance merchandise sales contracts that would deliver quick returns.
What the BCSC alleges happened
Investigators allege about 73% of the funds—nearly $146,000—went to unrelated expenses, including gambling websites, personal spending, and payments to associates. The commission also says investors were not fully repaid as promised.
Alleged breach of the Securities Act
The BCSC alleges the conduct amounts to fraud under B.C.’s Securities Act. None of the allegations have been proven in a hearing.
Next steps in the case
Pazurik or his legal counsel has been ordered to appear at the BCSC’s offices on November 18, 2025, to respond before a formal hearing is scheduled.
What investors should do
Anyone who invested with Pazman Promotions or has information related to this matter can contact the BCSC or local police. Keep all documents, messages, and payment records.
Notes to readers
These are allegations by the BCSC. The respondent is presumed innocent unless and until the commission proves otherwise at a hearing.
