A Langley condo developer who was extradited to California over fraud charges almost six years ago is now facing a hearing and possible sanctions from the BC Financial Services Authority (BCFSA).

A hearing about the activities of Mark Chandler related to a local condo project have been scheduled for Monday, Sept. 15 to Friday, Sept. 26 in Vancouver.

The BCFSA regulates realtors and property developers, and in 2017 it issued an order that Chandler cease marketing activities for Murrayville House, a four-storey condo project near Langley Memorial Hospital.

The project was behind schedule and deeply in debt, and pre-sale buyers were worried about their investments. By 2017, the project owed $62 million to various creditors, more than double the estimated value of the completed building.

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