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...
A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
More than 20 Chinese EB-5 investors have filed a $13.4 million lawsuit against developers, immigration agents, and lawyers whom they accuse of duping them into putting placing more than $12 million of EB-5 funds into a casino-resort project in the Northern Marianas....
The founder and CEO of an Orange County, California-based private equity fund has been charged with defrauding hundreds of investors out of approximately $62.5 million via a promissory note scam involving real estate, Broadway shows, and cryptocurrency. According to...
A pair of Edmonton residents have been charged with running a real estate investment scam that included mortgage fraud. According to the charges brought against them, Yuvraj Verma and Rohit Sethi used several corporations, including Cancom Development Ltd. and Roxdale...
First Mid to Acquire Evergreen Bancshares in $70.7 Million Regional Bank De…
