Post by: ThreatWebInternal on June 14, 2024, 09:53:10 PM
A group of Ontario landlords spent millions of dollars of investors' money on expenses ranging from renting a luxury vacation home in Hawaii, to footing a $5,000 Miami strip club bill to flying on private jets, according to the findings of a court-appointed monitor given special powers by Superior Court.
Source: Ontario landlords who owe investors $144M 'misappropriated' funds for 'extravagant' expenses: court report (https://www.cbc.ca/news/canada/hamilton/landlords-bankruptcy-protection-ontario-1.7234290?cmp=rss)
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