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Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry

Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry

by Phil Hall | Sep 24, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A former Calgary realtor who acknowledged running a Ponzi scheme that defrauded dozens of people out of more than $3.5 million has been banned for life from working in Alberta’s real estate industry. The Calgary Herald reports Eric Drinkwater received his permanent...
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 | Current News & Events, International Real Estate News, 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...

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