Erwin Braich, the puzzling Canadian tycoon behind bid to save Yes Bank

Erwin Braich, the son of a lumber baron from Punjab, has a history including bankruptcy, lawsuits and soured business deals.

Erwin Singh Braich, the mysterious tycoon behind a $1.2 billion bid to rescue a beleaguered Indian bank, says he is Canada’s richest man with a story so fabulous that Netflix Inc. wants to tell it.

There’s a less glittering account pieced together from interviews and court records: The son of a lumber baron has a history including bankruptcy, lawsuits and soured business deals. He has no headquarters, no banker to manage his money, and is currently living in a three-star motel in the Canadian prairies.

The board of Yes Bank Ltd. will decide on Tuesday which version of Braich it supports at