Stay updated with breaking news from David schatzker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
After three of its lenders learned of a multi-million dollar fraud accusations and demanded repayment of almost $200 million in loans, StateView Homes has agreed to the appointment of a third-party receiver to manage the potential sale of several uncompleted townhome developments, throwing the future of hundreds of pre-sold homes into doubt. ....
A major Ontario home developer is facing startling allegations from one of the big five banks that it orchestrated a "highly sophisticated," year-long fraud totalling over $37 million. ....