top of page

Fortress in the News

2025

​

Developers found guilty of defrauding investors out of retirement savings in Barrie, Winnipeg

May 28, 2025- CBC 

​

Fortress Real Developments co-founders found guilty of fraud

May 28-Globe & Mail

 

Syndicated mortgage firm co-founders found guilty of massive fraud

May 30-2025 CMP

 

2022

​

Fortress Real Developments founders charged with fraud in connection with syndicated mortgage probe

June 22, 2022 - Financial Post

​

Fortress Founders Charged with Fraud

June 22, 2022- Toronto Star

​

Fortress founders charged in mortgage investments scheme

June 22, 2022 - Orillia Matters

 

Ottawa senior says he lost life savings investing with company now facing fraud charges

July 6, 2022 - CTV News

​

2021

​

Former executive of troubled developer Fortress involved in new real estate company

September 13, 2021

​

2020​

​

FSRA Imposes administrative Penalty of  $250,000 on Fortress Real Development Inc.

 September 19, 2020​

​

​

Planned web series to shine light on alleged Fortress Real scam

December 29, 2020- Canadian Real Estate Magazine 

​

2019

 

Victims cry foul over Fortress Real rewards

June 13, 2019 Mortgage Broker News

​

No retirement for 73 year old investor

June 11, 2019 Mortgage Broker News

​​

'I still feel ashamed'; investors' life savings held in limbo

Jan. 11, 2019 Barrie Today

​

2018​​

​

Lenders to seize 13 real estate projects

Oct 25, 2018 Globe and Mail

​

RCMP raid 6 locations in GTA as part of syndicated mortgage fraud  

Apr. 13, 2018 CBC.ca

​

Canadian police search Fortress office in mortgage fraud probe: sources

Apr. 3, 2018 Reuters

​

Trustee to take over Fortress broker in wake of RCMP raid

Apr. 20, 2018 The Globe and Mail

​

Fortress investors could face 'significant losses'

Jun. 24, 2018 The Globe and Mail

​

Allegations of inflated property values at centre of RCMP syndicated

mortgage fraud investigation

Jul. 19, 2018 CBC.ca

​

Fortress misled investors about land valuation, RCMP alleges

Oct. 21, 2018 The Globe and Mail

​

RCMP allege obstruction in Fortress fraud investigation

Oct. 23, 2018 CBC.ca

​

Inside the fall of Fortress 

Dec. 14, 2018 The Globe and Mail 

​

2017

​

How a real estate developer's efforts to silence a critic failed

Jan. 19, 2017 MacLean's

​

2016

​

The high-risk world of syndicated mortgages

Apr 29, 2016 The Star

​

Just how safe is the ‘safe’ world of syndicated mortgages?

April 4, 2016, MacLean's

​

vosmi.jpg

©2019 by VOSMI. Proudly created with Wix.com

bottom of page