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Owners of Richmond vault company sued for almost $300K in missing gold, metals
Two customers of a Richmond safety deposit box business have been given the green light to pursue claims against its owners for allegedly removing gold and other contents from their boxes.Terence Dilan Kulanayagam and Michael Dale Hsu each filed a civil claim against International Private Vaults Inc. (IPV) at the B.C. Supreme Court in 2022 and 2023, respectively.
IPV, which was owned and operated by Katherine Thomas and William Thomas, offered safety deposit rental for boxes located in a secret vault in its office at 120-8160 Park Rd.
Security measures for accessing the boxes included a security key card, an iris scan and two keys, one held by IPV and the other by the renter, according to a judgment by B.C. Supreme Court associate judge John Bilawich on Feb. 28.
More:
Owners of Richmond vault company sued for almost $300K in missing gold, metals
A B.C. Supreme Court judge gave two customers the green light to pursue lawsuits against the insolvent owners.
www.richmond-news.com
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