Pubdate: Wed, 28 Mar 2007 Source: Vancouver Sun (CN BC) Copyright: 2007 The Vancouver Sun Contact: http://www.canada.com/vancouver/vancouversun/ Details: http://www.mapinc.org/media/477 Author: Kim Bolan, Vancouver Sun DRUG DEALER IS DENIED BID TO BE MORTGAGE BROKER VANCOUVER - A convicted cocaine trafficker and associate of the late Bindy Johal has lost his bid to become a mortgage broker anytime in the near future. Eugenio Pugliese, who remains on parole after his 2001 conviction, had challenged a decision by B.C.'s registrar of mortgage brokers banning him from holding a licence until at least 2014 because of his criminal past. But B.C. Supreme Court Justice Richard Goepel said in a ruling released Tuesday that W. Alan Clark was within his mandate to find Pugliese "unsuitable and his proposed registration objectionable." "Given Mr. Pugliese's criminal past, the nature of those crimes and the responsibility of the registrar to ensure public confidence in the industry, it was open to the registrar to require a period of time to pass before Mr. Pugliese would be eligible to work as a sub-mortgage broker," Goepel said. "This holds especially true given that the profession involves financial transactions that involve large sums of money and entailing access to personal information, including credit histories and banking records. Public confidence and public accountability impact on whether an applicant is objectionable. The registrar's conclusion that Mr. Pugliese would be objectionable until at least five years had passed from the end of his sentence is not patently unreasonable." Pugliese was convicted six years ago of conspiracy to traffic in cocaine and possession of cocaine for the purpose of trafficking. When he and a co-accused were arrested in February 1998, police found $3 million worth of drugs. When he was sentenced to five years, the trial judge said that "notwithstanding Eugenio Pugliese's expressions of remorse, his involvement in cocaine distribution was hardly peripheral or fleeting." He remained out of jail until September 2004, when all his appeals were exhausted. He got accelerated day parole in May 2005 and will remain on parole until his full term expires on July 11, 2009. - --- MAP posted-by: Derek