NEWS
Alberta regulator pays record $1.4M to victims of real estate Ponzi scheme
Compensation issued for investors defrauded by former Calgary realtor Eric Drinkwater
Alberta's real estate regulator has issued a record $1.4 million payout to victims of a real estate Ponzi scheme orchestrated by former Calgary realtor Eric Drinkwater. The compensation represents the largest payout from the regulator's victim compensation fund and brings some financial relief to investors who were defrauded in the elaborate scheme.