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Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams

Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams

by Phil Hall | May 9, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Police in Calgary have charged a local real estate broker with fraud in multimillion-dollar investment scams. According to the charges, the police were contacted in July 2024 by an individual who said he was invested approximately $80,000 over the course of a year...
Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme

Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme

by Phil Hall | Apr 4, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Canadian man who was found guilty and is awaiting sentencing for scamming buyers of RV sites in British Columbia is facing new charges by Calgary police for coordinating a similar scheme in Alberta. The Calgary Herald reports that Craig Douglas McMorran was found...
Mainstreet Equity Corp. Reports Cybersecurity Incident

Mainstreet Equity Corp. Reports Cybersecurity Incident

by Phil Hall | May 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Mainstreet Equity Corp. (TSX: MEQ), a Calgary-headquartered real estate operating company, announced that it was the target of a cybersecurity incident on May 21 which affected Mainstreet’s internal systems. Specific details on the exact nature of the incident were...
Virtuo Scores Seed Funding for North American Expansion

Virtuo Scores Seed Funding for North American Expansion

by Phil Hall | Dec 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Virtuo, a Calgary-based homeownership concierge platform that connects homeowners to vendors and services associated with relocation, has secured C$3.5 million in a seed funding round, with lead investors ATB Private Equity and TELUS Ventures. According to the...
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