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14 Jun 2024

Ontario landlords who owe investors $144M ‘misappropriated’ funds for ‘extravagant’ expenses: court report

Author: admintech | Filed under: Finance/ Money
woman and man stand on a yacht deck

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.