< Ontario woman calls for forensic inquiry into 'financial fraud' - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Ontario woman calls for forensic inquiry into ‘financial fraud’

Feb. 24, 2021 – Canadians who lost millions of dollars investing in syndicated mortgages attached to a series of failed development projects are calling on the federal government to take white-collar crime more seriously and conduct a property inquiry into Fortress Real Developments. Launched by a group called ‘Victims of Syndicated Mortgage Investments’, the petition calls for an independent forensic financial inquiry into the millions raised from 14,000 investors across the country involving about 50 developments nationwide between 2008 and 2018. Fortress Real Developments used money raised through syndicated mortgages to finance dozens of real estate developments across the country. Court documents have shown that many of those projects have ultimately failed. Orillia Matters reports. | READ MORE