Hells Angel with low credit score obtained mortgage from charitable basis

When Hardside Hells Angel Suminder “Ali” Grewal wished to purchase some funding property in Maple Ridge final 12 months, he turned to a mortgage dealer to get financing.

Regardless of having a number of court docket circumstances filed towards him for nonpayment of bank cards, constructing provides and work on his home, Grewal was capable of safe an $860,000 mortgage for his firm A. Grewal Holdings Ltd.

That allowed him to purchase two properties on St. Anne Avenue then assessed at $1,076,900.

The lenders? 4 particular person traders and a registered charity.

And inside months Grewal had defaulted on the mortgage, forcing the traders to file a lawsuit to get their a reimbursement.

Grewal was shot to demise in South Surrey Aug. 2 as he sat in a Starbucks drive-through line in his 2014 Dodge Viper.

Two younger males from Edmonton, Calvin Junior Powery-Hooker, 20, and Nathan James De Jong, 21, had been arrested close to the scene and have been charged with first-degree homicide.

RCMP and IHIT examine after Suminder ‘Ali’ Grewal was shot useless on Aug. 2 on the Southpoint Change mall in South Surrey.

Francis Georgian /


Courtroom paperwork obtained by Postmedia Information present that the Lohn Basis and traders Jack Kowarsky, a Lohn Basis director; Myron Slobogean; Ai Nagano; and Anne Coulombe offered the financing for Grewal to buy 22352 and 22362 St. Anne Ave.

Not solely did Grewal use the 2 Maple Ridge properties as safety, he additionally used his palatial South Surrey home, assessed at greater than $2.9 million.

The curiosity on the mortgage was eight per cent, with periodic interest-only funds of $5,733.33, the paperwork say.

However by final fall, cheques that Grewal despatched his traders had been bouncing and, in January 2019, they filed a petition in B.C. Supreme Courtroom asking for the mortgage to be repaid in full with curiosity.

Lawyer Richard Ritson, who filed the lawsuit, stated not one of the traders knew Grewal was a Hells Angel when the mortgage deal was struck in January 2018.

“The lender was not conscious of any of that background on the time that that mortgage was issued. That’s all that I might need to say with out discussing it with the lender,” stated Ritson, who can also be a director of the Lohn Basis based on federal information.

Requested how the lenders had been approached for the mortgage, Ritson stated: “I don’t know the reply to that apart from to say that just about all loans come by way of mortgage brokers and are offered to lenders as a attainable deal. “

He then referred inquiries to Kowarsky, “as a result of he’s the principle individual behind the lender.”

Kowarsky, a lawyer and philanthropist who has donated to quite a few B.C. charities through the years, didn’t return a number of messages left by Postmedia Information.

Members of the Hardside chapter of the Hells Angels, left to proper: the late Chad Wilson (previously of the Haney chapter), the late Suminder “Ali” Grewal (previously of the Haney chapter) and Jaimie Yochlowitz (previously of the Vancouver chapter).

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Slobogean, one of many different traders, stated he solely discovered that Grewal was a Hells Angel after he defaulted on the mortgage.

“I didn’t know previous to that that he was, as a result of Mr. Ritson advised me that’s one thing maybe personal traders ought to pay attention to … sooner or later,” Slobogean stated.

He confirmed that the mortgage alternative “got here by way of a mortgage dealer.”

He declined to call the dealer, however stated he would go alongside a message. Nobody known as again.

“I don’t know the place the mortgage utility initially commenced. I don’t know the way it went to … the those that I handled on this explicit funding. They get mortgage functions from quite a lot of different brokers all through the Decrease Mainland so I don’t know precisely,” he stated.

“They do have what I might say is appreciable enterprise integrity. It isn’t all about simply making the greenback on the expense of all the pieces or anything. They don’t function that manner and I don’t function that manner.”

Slobogean stated he by no means met Grewal. The traders obtained their a reimbursement in Could 2019, based on land title information.

Murdered Hells Angel Suminder “Ali” Grewal, 43, lived on this South Surrey home assessed at $2.9 million.


Grewal arrange A. Grewal Holdings in July 2016. He was listed as the one director on the time. In March 2017, his spouse Nardeep “Rimpy” Grewal, a realtor, was added as a director.

Then in April 2019, Grewal ceased to be a director of the corporate that bore his identify. A second realtor named Balpreet Bal changed Grewal as a director. Bal didn’t reply to requests for remark.

On Aug. 2, simply hours after Grewal was gunned down, a request was submitted to the B.C. company registry to vary the identify of the corporate from A. Grewal Holdings to 1083814 BC Ltd., erasing any public hyperlink to the corporate founder.

The 2 Maple Ridge properties bought by Grewal have gone up in worth by greater than $675,000 within the 18 months since he purchased them. One is a vacant lot and the opposite is an older dwelling that the gross sales agent stated could possibly be rented for $1,100 a month.

The Metropolis of Maple Ridge stated there isn’t any present utility on file to develop the property.

The primary mortgage seems to have been paid off by a brand new mortgage from MortEq Lending Corp., based on land title information.

MortEq president Parm Purewall stated in an electronic mail that he couldn’t remark “resulting from each federal privateness laws and provincial regulatory insurance policies.”

“We’re unable to offer any info concerning any functions with our agency,” he stated.

Grewal, a one-time member of the Haney Hells Angels, joined the Surrey-based Hardside chapter when it opened in 2017. He lists his job on land title information as “supervisor.”

He had a protracted historical past of nonpayment of payments, forcing collectors to register liens on his seven-bedroom home in Surrey, based on court docket information.

In September 2016, CIBC filed a swimsuit towards Grewal alleging he had not paid bank card and line of credit score debt totalling about $22,000. And a number of other small claims fits had been additionally filed towards Grewal for unpaid payments totalling about $40,000 for constructing provides, flooring and roofing set up.


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