We never mentioned … Wealth One.” The Globe also discovered that Chinese-Canadian grocery entrepreneur Yuansheng Ou Yang, a director and key investor, misrepresented his biography on the Wealth One website. It claimed he had served as a member of China’s National People’s Congress, which is the country’s legislature, and the Chinese People’s Political Consultative Conference (CPPCC), a political advisory board to Beijing. This would mean that Mr. Ou Yang was a powerful political figure in China before he came to Canada. In interviews The Globe conducted with four of the directors, including the chairman and chief executive, the bank acknowledged the website information was incorrect. “He has nothing to do with the government’s congress. Nothing. Also, by law, no overseas Chinese is entitled to be a member of the Chinese congress, so there must be a translation mistake,” Mr. Xian said. “He has nothing to do with the legislature, nothing to do with the congress.

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