David Sidoo
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David Sidoo (born July 10, 1959) is a Canadian
stock promoter A stock promoter is a firm or person who promotes a stock, seeking to induce potential investors to buy it as part of an IPO or in the secondary market. Stock promoters may rely on cold calling prospective investors to acquire stock in a company ...
, businessman,
philanthropist Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...
, and former
Canadian football Canadian football, or simply football, is a Sports in Canada, sport in Canada in which two teams of 12 players each compete on a field long and wide, attempting to advance a Ball (gridiron football), pointed oval-shaped ball into the opposi ...
player. Sidoo played for the
University of British Columbia The University of British Columbia (UBC) is a Public university, public research university with campuses near University of British Columbia Vancouver, Vancouver and University of British Columbia Okanagan, Kelowna, in British Columbia, Canada ...
Thunderbirds, and is an inductee in the UBC Sports Hall of Fame and the BC Football Hall of Fame. David Sidoo was inducted into the University of British Columbia (UBC) Football Frank Gnup Wall of Honour in the athlete category in 2019. The Wall of Honour recognizes the outstanding contributions and achievements of UBC Football players, coaches, and builders. Sidoo, a former UBC Thunderbirds defensive back, was also named one of the UBC Football Top 100 Players of All-Time. In 2019, the
FBI The Federal Bureau of Investigation (FBI) is the domestic Intelligence agency, intelligence and Security agency, security service of the United States and Federal law enforcement in the United States, its principal federal law enforcement ag ...
named Sidoo as one of several parent perpetrators in the
2019 college admissions bribery scandal Operation Varsity Blues was the code name for the investigation into the 2019 criminal conspiracy scandal to influence undergraduate admissions decisions at several top American universities. United States federal prosecutors made the invest ...
, and he later pleaded guilty to mail fraud conspiracy. On July 15, 2020, Sidoo was sentenced to 90 days in prison, one year supervised release and a $250,000 fine.


Early life

Sidoo is of
Indian-Canadian Indian Canadians are Canadians who have ancestry from India. The term ''East Indian'' is sometimes used to avoid confusion with Indigenous groups. Categorically, Indian Canadians comprise a subgroup of South Asian Canadians which is a further ...
descent and grew up in
New Westminster New Westminster (colloquially known as New West) is a city in the Lower Mainland region of British Columbia, Canada, and a member municipality of the Metro Vancouver Regional District. It was founded by Major-General Richard Moody as the cap ...
, B.C., the son of a sawmill-working immigrant father from Punjab in northern India and a stay-at-home mother. From 1978 to 1982, he attended the
University of British Columbia The University of British Columbia (UBC) is a Public university, public research university with campuses near University of British Columbia Vancouver, Vancouver and University of British Columbia Okanagan, Kelowna, in British Columbia, Canada ...
on a football scholarship. At UBC, he played for the school's team, the Thunderbirds. After graduating university, Sidoo was drafted into the
Canadian Football League The Canadian Football League (CFL; , LCF) is a Professional gridiron football, professional Canadian football league in Canada. It comprises nine teams divided into two divisions, with four teams in the East Division (CFL), East Division and f ...
, becoming the first Indian-Canadian to have been drafter by a CFL team. He played professional football in the CFL for the
Saskatchewan Roughriders The Saskatchewan Roughriders are a professional Canadian football team based in Regina, Saskatchewan. The Roughriders compete in the Canadian Football League (CFL) as a member club of the league's West Division. The Roughriders were founded in 19 ...
and
BC Lions The BC Lions are a professional Canadian football team based in Vancouver, British Columbia. The Lions compete in the West Division (CFL), West Division of the Canadian Football League (CFL), and play their home games at BC Place. The Lions playe ...
from 1983 to 1988. After retiring from football, Sidoo started working in the field of
brokerage A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neith ...
. Sidoo later was one of the founding members who sold an energy company, American Oil & Gas, to the
Hess Corporation Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company involved in the oil exploration, exploration and production of Petroleum, crude oil and natural gas. It was formed by the merger of Hess Oil and ...
. At the start of 2016, Sidoo was the CEO of Advantage Lithium, a mining company. In 2019 Sidoo sold Advantage Lithium to Orocobre now called Allkem in an all-stock transaction.


University football career

David Sidoo's playing career at UBC started in 1978 spanning five memorable years. This was followed by a career in the CFL and in the 2000s, an influential and successful builder of sport at UBC. With the completion of the 1980 season, Sidoo was voted UBC football's Most Valuable Player. He was also selected to the Canada West All-Star team for three consecutive years, 1980, 1981 and 1982. Sidoo was selected not only for his work on special teams but also for his excellent play as a defensive back. In 1981, Sidoo was selected the Shrum Bowl Defensive Player of the Game and in addition was awarded the prestigious Tom Pate Memorial Scholarship. This scholarship is given annually by the Canadian Football League to a student athlete who embodies the qualities of outstanding sportsmanship, contribution to his team and contribution to his community. Heading into the 1982 season Sidoo held two UBC career records; most kickoff return yardage and most punt return yardage, two career marks that were later broken by Laurent DesLauriers. Sidoo set a UBC playoff record this season, returning a kickoff 96 yards against Manitoba. In 1982, Sidoo helped captain UBC's football team to its first Vanier Cup victory. This same 1982 season Sidoo was selected to the All-Canadian Team as a safety–one of six Thunderbirds to make the All-Canadian Team that season. In a career spanning 1978–1982, Sidoo totaled 1054 yards in punt returns and 731 yards in kickoff returns. In ‘81 and ‘82 alone, he recorded 8 interceptions for 96 yards.


Pro football career

David Sidoo was drafted 46th overall by the BC Lions in the 1982 CFL Draft. Sidoo would go on to sign and play for the Saskatchewan Roughriders for a significant part of his pro football career as well as become the first Indo-Canadian player to play in the CFL."BC Football Hall of Fame"
/ref> After signing with the Roughriders, Sidoo gifted his $5,000 signing bonus to his mom to help her pay her mortgage after his father passed away. Sidoo found success on the football field with the Roughriders accumulating 8 interceptions for 89 yards. In 1988 he signed with the BC Lions where he would finish out his pro football career and enter into the start of what would be a successful career as a businessman and philanthropist.


Philanthropy

Sidoo is known for his philanthropic work in
British Columbia British Columbia is the westernmost Provinces and territories of Canada, province of Canada. Situated in the Pacific Northwest between the Pacific Ocean and the Rocky Mountains, the province has a diverse geography, with rugged landscapes that ...
, through his personal contributions and the charitable organisations founded by his family through their various business ventures. In recognition of his charitable work, Sidoo received the Order of British Columbia, Queen Elizabeth II Diamond Jubilee Medal, and the Non-Resident Indian Award in 2012. In 2015, Sidoo created the 13th Man Foundation supporting the UBC Football program. The 13th Man Foundation is dedicated to providing student-athletes of UBC with exceptional athletic and academic opportunities. In 2015 the foundation donated $800,000 to set up the UBC Football Academic Centre. Located just steps away from Thunderbird Stadium, the UBC Football Academic Centre provides a space for all players to receive academic tutoring and advising. With more than 1,800-square-feet of multi-functional space, the centre is also used for team meetings, game preparation and academic supervision. The facility will help ensure the success of current players and serve as an essential tool in the recruitment of top student-athletes who visit the Point Grey campus in hopes of suiting up for the Thunderbirds Football program. The Sidoo Family Athletics Endowment, which dispenses aid to student athletes, is the largest of its kind at UBC, where Sidoo served on the board of governors.


Legal issues


College admissions bribery

In March 2019, Sidoo was named as one of the alleged parent perpetrators of the
2019 college admissions bribery scandal Operation Varsity Blues was the code name for the investigation into the 2019 criminal conspiracy scandal to influence undergraduate admissions decisions at several top American universities. United States federal prosecutors made the invest ...
. Multiple sources reported on allegations Sidoo had paid money to illegally aid his two sons in getting accepted into American colleges. As alleged in the FBI indictment, Sidoo paid $100,000 to have a test-taker impersonate his older son, so that the latter's
SAT The SAT ( ) is a standardized test widely used for college admissions in the United States. Since its debut in 1926, its name and Test score, scoring have changed several times. For much of its history, it was called the Scholastic Aptitude Test ...
test scores were improved. The scores were sent to
Chapman University Chapman University is a private research university in Orange, California, United States. Encompassing eleven colleges, the university is classified among "R2: Doctoral Universities – High research activity". The school maintains its foundi ...
, which his son later attended. According to the FBI, Sidoo paid an additional $100,000 to have his younger son's test taken in the same, fraudulent way. Citing the FBI indictment,
CBC News CBC News is the division of the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on the corporation's English-language operations, namely CBC Television, CBC Radio, CBC News Network, and CBC ...
later reported that Sidoo had also paid a test-taker to fake a high school exam on behalf of his son in 2012. The affected scores were sent to
Yale Yale University is a private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the third-oldest institution of higher education in the United States, and one of the nine colonial colleges ch ...
, Georgetown and the
University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a Public university, public Land-grant university, land-grant research university in Berkeley, California, United States. Founded in 1868 and named after t ...
, the latter of which his younger son eventually attended. The FBI
indictment An indictment ( ) is a formal accusation that a person has committed a crime. In jurisdictions that use the concept of felonies, the most serious criminal offense is a felony; jurisdictions that do not use that concept often use that of an ind ...
noted that Sidoo had been in contact with other perpetrators of the college admission scandal in 2018, and in October of that year recorded a phone call in which Sidoo discussed obtaining a
GMAT The Graduate Management Admission Test (GMAT ( ())) is a computer adaptive test (CAT) intended to assess certain analytical, quantitative, verbal, and data literacy skills for use in admission to a graduate management program, such as a Mast ...
score for his older son, who intended to apply to
business school A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, s ...
. Sidoo pleaded not guilty before a federal court in
Massachusetts Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode ...
on 15 March 2019. In light of the 2019 college admissions bribery scandal, Sidoo stepped down as the CEO of Advantage Lithium, East West Petroleum, and Seaway Energy Services. Sidoo also resigned as a director of American Helium, Meridius Resources Ltd., Liberty Defense Holdings Ltd., and National Green Biomed Ltd. in mid-March 2019. Sidoo pleaded guilty to fraud in the aforementioned matter on March 13, 2020. The sentencing took place on July 15, 2020, and he was sentenced to 90 days in prison, one year supervised release and a $250,000 fine. Sidoo spent the first 14 days in solitary confinement under pandemic quarantine procedures. Sidoo reported to SeaTac Federal Detention Center on September 23, 2020 and was released on December 17, 2020. Sidoo asked that his name be removed from the University of British Columbia football field. Sidoo's appointment to the
Order of British Columbia The Order of British Columbia is a civilian honour for merit in the Canadian province of British Columbia. Instituted in 1989 by Lieutenant Governor David Lam, on the advice of the Cabinet under Premier Bill Vander Zalm, the order is administe ...
in 2016 was rescinded on June 12, 2020. Sidoo is the first person to be stripped of the Order. Sidoo withdrew as a member of the B.C. Sports Hall of Fame on July 31, 2020. Sidoo is inadmissible to the United States as a result of the felony conviction.


SEC fraud complaint

In April 2022, the
U.S. Securities and Exchange Commission The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market m ...
named Sidoo in a complaint, alleging his involvement in a
pump and dump Pump and dump (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements (pump), in order to sell the cheaply purchased stock at a higher price (dump). O ...
scheme with
Ronald Bauer Ronald (Ron) Bauer is a Canadian-British investor and entrepreneur with a background in private equity, oil and gas, and venture capital. He has been involved in founding and managing several companies, including Turkana Energy, which later ...
.


References

{{DEFAULTSORT:Sidoo, David Living people UBC Thunderbirds football players Place of birth missing (living people) Saskatchewan Roughriders players BC Lions players Canadian people of Indian descent Canadian people of Punjabi descent People convicted of fraud 1959 births People stripped of a British Commonwealth honour