VOSMI is an information & resource website for Fraud Victims of Syndicated Mortgage Investments, related to Fortress Real Development Syndicated Mortgages. VOSMI is a non-profit group formed by victims of the largest syndicated mortgage investment (SMI) fraud in Canadian history. We are the individuals directly impacted by the Fortress Real Developments Inc. scheme, coming together to share information, raise awareness, and support one another. Between 2008 and 2018, Fortress Real Developments raised over $920 million in SMI funds from 14,000 "mom & pop" investors to finance over 50 development projects. Investors were led to believe these were safe, low-risk investments, but the collapse left families facing an estimated $416 million in total losses. Following a lengthy investigation that began in 2018, the RCMP charged the principals of Fortress on June 22, 2022. Because of the staggering enormity of the overall case, the criminal trial was narrowed to focus strictly on two key projects: the Collier Centre in Barrie and SkyCity in Winnipeg. On May 28, 2025, the duo was found guilty of fraud, and on February 2, 2026, they were each sentenced to 5 years in prison and ordered to pay a $12.2 million fine. (Read here for further details on the trial and sentencing.) Note: Rathore and Petrozza are currently appealing the decision and remain out of prison on bail pending their appeal hearing. Are you a VICTIM? Read More Breakfast Ideas Read More Vince Petrozza and Jawad Rathore were the co-founders of Fortress Real Developments. Fortress partnered with over 25 real estate developers on over 50 projects. Read the timeline to learn more about the Fortress Syndicated Mortgage scheme. Timeline "I find beyond a reasonable doubt that they both intentionally misled investors about the value of their secured interest in order to induce them into investing." Justice D. Moore FORTRESS TRIAL R. v Rathore & Petrozza The Real Numbers 14,000 investors The number of Canadians that invested in Fortress Real Developments syndicate mortgage loans $920 Million The total amount raised by Fortress Real Developments from the syndicate mortgage investors $420 Million Total funds lost to date by the Fortress syndicate investors.

What's Next? It is currently unknown if there will be any direct criminal restitution distributed to the investors of the Collier and Sky City projects.The co-founders' defence lawyers are currently in the process of "perfecting" the appeal (compiling trial transcripts and records). The Crown expects the defence to submit their formal appeal documents by the end of summer or fall. Once submitted, a Crown will be assigned to the file and a court date will be confirmed. The appeal hearing is expected to take place in the Spring of 2027 or later. SENTENCING DECISION OF JAWAD RATHORE & VINCE PETROZZA On February 2, 2026, Justice D. Moore delivered his sentence to both defendants. The reason for sentencing can be read here. Custody : Each principal is ordered to serve 5 years in prison. Financial Penalties : Each must pay a $12.2 million fine in lieu of forfeiture. Timeline : The fines are payable within 10 years following their release from custody. Default Penalty : An additional 5 years in prison will be added in default of the fine payment. Compliance Orders : A mandatory DNA order was issued for both individuals. Business Restriction : A 10-year prohibition order was enacted pursuant to Section 380.2 of the Criminal Code, banning them from the industry. Current Status : Released on Bail Immediately following the sentencing hearing, lawyers for Rathore and Petrozza filed appeals against their convictions and successfully applied for bail pending appeal. Both men were released from custody after sureties pledged $275,000 on their behalf. They remain out of prison while they await a hearing from the Court of Appeal for Ontario. SENTENCING SUBMISSION HEARING December 3, 2025 What is a sentencing submission hearing? A sentencing submission hearing is where the Crown and defence lawyers argue for different penalties after a guilty plea or conviction, presenting aggravating/mitigating factors, while judges consider these arguments, Victim Impact Statements , and reports (like Pre-Sentence Reports) to decide a fit sentence, which can range from fines to jail, often following joint submissions in plea deals or occurring later for more complex cases. The following is a Summary of the Sentencing Submission Hearing that took place on December 3, 2025. We would like to thank those who attended in person. The courtroom was standing room only - another room had to be made available due to the overflow. This summary is not an official court transcript. CROWN SUBMISSIONS Crown counsel Scott Patterson opened by stating that “Rathore and Petrozza’s legacy is that of deceit and greed.” He recommended that each defendant serve 10 years in prison, along with: Either a restitution order for the remaining loss of $26 million ($13M per defendant), or A fine in lieu of forfeiture, requiring the defendants to repay the outstanding amount; failure to pay the fine would result in the defendants returning to custody for an additional term, And a prohibition order under s. 380.2 of the Criminal Code prohibiting them from obtaining, seeking, or continuing any employment or volunteer role that involves authority over another person’s money, real property, or valuable security. After outlining the Crown’s position, Patterson read the Victim Impact Statements from the investor witnesses. He also submitted the Community Victim Impact Statement, which echoed many of the same themes and harms described in the individual statements. The Community Victim Impact Statement can be read here. "Rathore and Petrozza’s legacy is that of deceit and greed”. Scott Patterson Crown Prosecutor Aggravating Factors Identified by the Crown 1. Magnitude of the Fraud – $35 million* Supported by four independent sources: 1. Affidavit of Daniel Sobel, Managing Director, FAAN Mortgages Inc. ( trustee with full access to BDMC records) 2. Tranche schedules listings of all investors 3. RCMP Cpl. Yu’s financial analysis 4. RCMP Cpl. Laroche’s files of all investor forms and data confirming LTV language throughout 2. Material Deceit Security and LTV were central promises to investors. Misrepresentations appeared in sales decks, 9D/FSCO forms, investor training, and promotional materials. The “Real Security, Real Returns” slogan provided false assurances. Personal assurances were made by Rathore & Petrozza to witnesses; ILA was paid for by Fortress. Fortress targeted “mom and pop” investors seeking safe, secured mortgages. 3. Causation and Knowledge Both defendants knew the true “as-is” values. Mortgaging reached 300% LTV, far beyond bank norms. Losses directly resulted from their deceit. 4. Nature of the Fraud Sophisticated, planned, and motivated by greed. Inflated valuations were deliberately sought (including from Petrozza’s cousin Felice). Marketing campaigns targeted both English-speaking and Cantonese-speaking communities. Over 800 investors were affected. The consequences were “devastating and catastrophic.” Mitigating Factor Neither defendant has a prior criminal record. Note that a total of over $80 million in SML funds were raised for both projects however the crown focused on specific tranches of Sky City and Collier to arrive at the $35 million figure. Welcome visitors to your site with a short, engaging introduction. Double click to edit and add your own text. Read More "Fortress was a legitimate business, unlike a Ponzi scheme." Gerald Chan Defence Council for Vince Petrozza Defence Submissions Defence counsel Gerald Chan , acting for Mr. Petrozza, opened the defence submissions and addressed the court on behalf of both defendants. Chan argued that the recommended sentence is “grossly excessive.” Key positions included: Fortress was a legitimate business, not a Ponzi scheme. No trust relationship existed between the defendants and investors; brokers held that duty. Many Fortress projects exited successfully. Investors relied primarily on brokers, not Rathore or Petrozza. Justice Moore challenged these assertions, noting: Witnesses testified they trusted both defendants directly. Rathore and Petrozza participated in sales presentations and broker training. Defence Position on Fraud Amount & Sentence Defence argued the fraud should apply only to the five investor-witnesses, avoiding the mandatory minimum. A conditional sentence with repayment to only those five witnesses, Or, if the fraud applies to all investors (> $1M), a reduced sentence of 3–5 years. Additional Defence Arguments No intention to cause loss-at worst “recklessness.” Many projects were successful; therefore, the model “worked.” There was a level of risk Appraisals were based on a “credible method,” not intended as “as-is” values. The developer (Mady) was responsible for the failures. FAAN’s affidavit should not be relied on; RCMP Cpl. Yu’s tracing was “unreliable.” There was not an element of secrecy. Absence of causation-no direct link that Rathore & Petrozza caused the loss to the investors. Claimed the defendants injected their own funds to save the projects. Defendants have no prior criminal record. "But where did all the investors money go?" Justice Daniel Moore Justice Moore responded with several points, and raised several questions, including: Security is supposed to protect the principal. If there is no security, the principal cannot be recovered. Investors supplied all equity and bore all risk, where the developer Mady did not put up any equity and had a 50% stake in the project. Asked the Defence whether there is any evidence of expenses Mady and Fortress incurred? (The defence replied "no".) Sky City began and remained a parking lot; no value was created. Where did all the investors' money go? What about priority? Were they (Rathore & Petrozza) behind or ahead of investors? (Defence was going to “check”) Security was eliminated through inflated valuations. Personal Circumstances Raised Letters of Support for Petrozza Chan presented two letters of support from Petrozza’s family members. One from his wife, and another from his father. Petrozza is 50 has 3 children. His parents are elderly and hopes to care for them as well as his extended family. It was also noted that Petrozza's early career was with Scotiabank. (note that Chan conveniently failed to mention his previous business with Rathore, Phoenix. Rathore & Petrozza were banned for life from dealing with Securities due to a stock manipulation scheme from 2007-2009 and were fined $3 million.) No Restitution Defence provided no restitution proposal for Petrozza No Fine in Lieu of Forfeiture Defense argued that: Forfeiture should be based on what defendants personally gained, not investor losses. Claimed defendants lacked full control over the funds. Repeated that constable Yu’s information is unreliable on criminal sentencing or liability. Justice Moore responded with several points, and raised several questions, including: There is no other suggestion that there were other operating minds of Fortress other than Rathore & Petrozza? The defense replied “No”. Tranche schedules are accurate, registered documents. “ What about tranche schedules? Are you saying that I can’t rely on the tranche schedules- that means Fortress didn’t get that money? Where would the money go?” The defence responded: “What did they receive personally is my submission. The test is what came into the offender’s possession or control.” The judge responded: “ Aren’t they in control of the company?” Prohibition Issue Defence argued that would be an issue as they would not ne able to seek gainful employment and stated “ This is not a case where the defendants handled the victims funds.” Distinguishable? Justice Moore asked Chan if the defendants are distinguishable in relation to a fine or restitution, and the sentence since profits were split 80% Rathore and 20% Petrozza. Chan responded that it should be the same sentence/fine for both. "Fortress was a lawful and successful business, and that in no way was it a scam." Scott Fenton Defence Council for Jawad Rathore Read our Fortress Project analysis here. B ased on court and trustee records the total loss to date to investors is $420 Million. Is this success? Defence counsel Scott Fenton Defence counsel Scott Fenton, acting for Mr. Rathore, continued with the defence submissions and stated that he adopts Chan’s positions. He stated that his client maintains his innocence and has respect for the court, and that Rathore feels badly for the investors losing their money. Fenton raised several factors: Fortress was a lawful and successful business, and in “no way” a scam. He added that: Rathore & Petrozza deserve recognition for the projects that were successful. Fortress had a standard financing model where they would get SMLS (investors money) for the soft costs. It was not a Ponzi scheme, and unfortunately those projects failed. The Judge asked: “Did they all have a model where the developer got 50% with no money down?” (No answer from Fenton). Defence continued: Rathore genuinely wanted the projects to be successful and pay back the investors. SML’s were not safe, & that they were speculative. Investors were told their loan ranked no more than 2nd, subordinated by construction loans. The judge asked: “Did you not see the promotional material and forms?” . Fenton replied: “OK, the form had a mistake. I’m saying it’s relevant to moral culpability.” Fenton continued: “How does the court sentence Jawad and Petrozza when most of the projects were successful?” The Judge replied: “When you’re dealing with people investing in mortgages, the value is important if the project doesn’t work.” Singular feature between Collier and Sky City was Mady, the developer, as Mady went bankrupt. The judge asked “Don’t developers invest capital in the project they’re building?” "Did you not see the promotional material and forms?" Justice Daniel Moore View examples of the Fortress Promotional Material here About Jawad Rathore & his family Jawad is 49. Has no criminal history. Although Fenton did not produce any letters for Rathore, he explained that Rathore has 6 young children, 3 of which have learning disabilities, and their mother has an auto-immune disease. He also has elderly parents (mother has early-onset dementia). No Submissions for Repayment for Jawad Rathore Fenton was asked by the judge if Rathore has any submissions for Rathore’s ability to repay the victims.Fenton stated he has no submissions for repayment. Crown Closing Statements Patterson emphasized: There was a breach of trust: the defendants created the business model and financing scheme. They knew opinions of value were not “as is”. They withheld the truth and lied directly to their investors. There is a direct line between their activities and the risk.They told the LTV was never to exceed 80%. They knew it was not secure, and mortgaged loans up to 300%. Investor losses stemmed directly from the defendants’ actions, not from Mady. Rathore & Petrozza controlled the flow of investor funds.FAAN’s records are consistent and corroborated. Statement by Jawad Rathore Rathore spoke briefly (without addressing victims): “I’m speaking on behalf of myself and Mr Petrozza. Vince and I started this business 16 years ago. We always had the best intentions for all stakeholders. When we took projects it was with intentions of them being successful. We just wanted to share with the court that we had the best intentions. We appreciate the opportunity”.

Criminal Trial - R. v. Rathore & Petrozza Following a complex investigation into a scheme that ultimately cost investors over $416 million, the criminal prosecution of Fortress Real Developments principals Jawad Rathore and Vince Petrozza began in October 2024. Due to the staggering enormity and scale of the overall fraud, the Crown strategically focused the trial on just two major developments: the Collier Centre in Barrie and SkyCity in Winnipeg. This targeted approach allowed the court to efficiently manage the vast mountain of evidence, culminating in a guilty verdict in May 2025 and the historic February 2026 sentencing by Justice D. Moore. About the Criminal Trial Trial Background Courthouse Location Q & A Media Coverage Up Trial summary Crown Prosecutor, Defense opening arguments & witness testimonies Read More > closing arguments Summary of Crown Prosecutor & Defense closing arguments Read More > Verdict Justice D Moores verdict & reason for decision Read More > Sentencing Sentencing Submissions & Sentencing Read More >

Our investors, the VOSMIs describe their stories and how their Fortress RDI syndicated mortgage investment has impacted their lives. VOSMI故事 这些是 银团抵押贷款投资者的受害者分享的真实故事。 我们希望这些故事能给其他人挺身而出的勇气。如果您想分享您作为 Fortress 投资者的经验，请完成此 形式 .请注意，您的故事将被公众看到。 难以下咽的药丸 我们天真地与我们的同事分享生活故事，却不知道他们实际上是在寻找您，以收取他们将您介绍给经纪人而获得的佣金。我几乎处于职业生涯的尾声，在共同基金亏损之后，获得固定投资利息似乎是一个不错的选择。我们被告知投资是安全的，Fortress 永远不会让投资者失望。即使他们蒙受损失，他们也会偿还这笔钱。 我在 2016 年愉快地退休，将钱投资于银团抵押贷款。在加拿大皇家骑警突袭发生并在报纸上发表之前，生活似乎很正常。 BDMC 已不复存在。 FAAN 接管了这些项目。利息支付停止了。奥林匹亚信托继续扣除费用。生活被打乱了。我对我们的政府和监管机构很有信心，因为我们在银行和金融业有严格的规定。 打个比方，当我们参观社区游泳池时，那里有所有救援设备和人员，即花车、口哨、乐队、救生员等。我们不用担心我们的孩子溺水，因为他们得到了很好的照顾。当谈到加拿大监管机构时，我们也感到同样的欣慰。我们相信他们会保护我们免受欺诈者的侵害，不会让他们向散户投资者出售欺诈性产品。他们应该非常了解玩家并具备行业知识。当我意识到我投资的钱花光了时，这是一颗难以下咽的药丸。所有的位置都很棒。物业靠近高速公路和即将到来的社区。当该国其他地区出现房地产繁荣时，我们却面临着销售公寓单元的挑战。 （这太难以置信了。） 有人可以通过获得您的信任来对您这样做，这是非常令人沮丧和可耻的。我希望我们能找到一些正义，并得到损失的赔偿。 ~匿名投资者 钱本来是为了我们的未来，现在却一去不复返了 我们的财务顾问就投资银团抵押贷款与我和我的妻子进行了接触。他参加过几次 Fortress 的介绍，认为这对我们来说是一项安全的短期投资，尽管他知道我们不是高风险投资者。我们的顾问安排 FDS 经纪人来到我们的家乡，并在当地的一家餐厅做介绍，让一些投资者参加。 经纪人和我们的顾问都一遍又一遍地重复我们的钱是多么安全，因为它是针对财产的担保，而且我们的名字会在契约上。在 ILA 期间，律师说了同样的话。我们有 4 个孩子，我们帮助他们所有人支付大学费用（他们 4 个总共接受了 25 年的高等教育。）就在我退休之前，我们投入了我们两个 TFSA 的 100,000.00 美元——这笔钱本来是为了我们的未来，现在一切都消失了。 在我们生命的这个阶段，我们不可能希望弥补它。这使我们在经济上和情感上都受到了打击。经过一生的辛勤工作并努力以正确的方式做事之后，我们觉得自己的退休计划被剥夺了。我的妻子将无法退休，而我将重返工作岗位。 ~ 并购 Crates Landing 投资 96,000 美元 我们投资了 Crates Landing、Old Market Lane 和 Wellington house。我们总共投资了 96.000.00 美元。今天我们得知签下我们参与这些项目的代理人已经放弃了他的执照。他没有接听任何电话。 这是我丈夫的RRSP投资。我们被告知 8%，为期 2 年。我们在 2016 年投资并延长了一年。现在已经超过了时间范围，我们没有看到任何资金释放。直到现在我们才知道奥林匹亚没有照顾投资。 有希望吗 一切都处于停滞状态。 -投资者 当您信任您的财务顾问时会发生什么？ 当您信任您的财务顾问时会发生什么？就像我一样，你坐下来听她告诉你他们将如何让你的钱增长。你听她告诉你这里有多安全。她告诉你，你不必担心，因为如果出现任何问题，你是第二个可以拿回钱的人。她告诉你这是安全的；这就是您被允许投资养老金的原因。她告诉你，你有一个免费的律师。但随后利息支付停止。你问我们应该做点什么吗？她告诉你不要担心；你的钱是安全的。每隔几个月你问她一次，她每次都会告诉你同样的事情。你的钱是安全的。当你收到一封信说要出售后，你打电话给你的顾问，她告诉你你不是排在第二位的，但你更靠后，看起来不太好，你可能拿不到钱后退。好吧，当您信任顾问时就会发生这种情况。那就是发生在我身上的事。当您的顾问通过出售欺诈赚钱时，就会发生这种情况。 ~迈克大号 无法退休，不得不卖掉我们的家 我通过一位前老板认识了我的抵押贷款经纪人。我对他的提议很感兴趣，但我刚满 65 岁，希望在 6 个月内退休。 我对项目 (Collier Place) 做了我认为足够的研究，我的经纪人向我保证，我会在 2 年内收回我的钱。他告诉我，我需要 100,000 美元进行投资，所以我使用了 62,000 美元的 RRSP 资金，并从银行借了 38,000 美元。 在接下来的 14 个月里，利息出现在我在 Olympic Trust 的注册账户中。然后建筑商宣布破产，一切都开始瓦解。 利息支付停止了，但我的经纪人继续向我保证，一旦 Fortress 接手，一切都会重回正轨。与此同时，我不得不辞去在密西沙加的办公室管理工作，在离家较近的地方从事一份最低工资的零售工作，因为我丈夫中风了几次并被诊断出患有痴呆症。几个月过去了，我意识到我无法独自完成房子所需的所有维护工作，而且它变得太贵了。所以我不得不卖掉我丈夫建造并居住了 54 年的房子，我们搬到了一个更划算的小社区。 我现在 72 岁了，仍在从事最低工资的工作，预计我会再工作几年。 〜邦妮E。 这闻起来像庞氏骗局 我们77岁了。 我们 25 年的财务顾问向我们介绍了政府批准的这种新型公寓市场投资。他解释了关于 Fortress 的一切，以及我们拥有的财产抵押保险。 我质疑他们是如何从中赚钱的，以及为什么他们需要我们以这种利率提供资金。他说，将大楼出售给外国投资者可获得 50 至 1 亿的利润来弥补成本。我们首先与 Brad Lamb 一起购买了 3 个。这些都付清了，所以我们又买了 3 个；贾斯珀 30,000 美元；第六名和第十名 $30,000；和天空之城 25,500 美元的免税储蓄账户。现在，布拉德·兰姆 (Brad Lamb) 正在拖欠逾期账款；贾斯珀，第 6 和第 10，以及天空之城。物业中心的 Fortress Group 照片和声明说明了一切。引用; “我们必须重新考虑这个项目，它行不通。”花了 7 到 10 年的时间才弄清楚这一点。没有花在财产上，可能只是阅读图纸。他们把房产卖给了李某，李某现在是有担保债权人——你如何在不解除任何抵押的情况下出售一块房产？投资者在获得报酬之前必须先支付李。这张照片有点问题。 我们急于了解加拿大皇家骑警在调查中发现了什么，并希望将他们绳之以法。 Brad Lamb 和 Fortress 拥有我们数百万的资金，这闻起来像庞氏骗局。这是我自己的错；我把钱托付给了别人；他知道自己在做什么。 Fortress 付给他比以往任何时候都多的钱，让他把我们像小鸡一样围起来宰杀。失去这笔钱将是毁灭性的。这是我们在最后几年照顾我们的退休储蓄。我们的政府没有解决这个庞氏骗局问题。 Fortress 员工和 Brad Lamb 拥有我们数百万美元的资金。天空之城的财产正在发生令人发指的恶作剧……有人应该在他们最后的日子里看着窗外的酒吧。 ~弗雷德和贝蒂 W. 首次投资者 我想分享一下我作为第一次投资者的经历。我通过朋友认识了经纪人 Igor Goloborodov。他们和他一起做了一些保险和投资，并推荐他作为一个可靠的人。他在俄罗斯杂志和网上为您的投资宣传 8% 的安全利息，以吸引潜在的投资者。 当我们见面时，他详细解释了这种类型的投资，并将 Fortress 介绍为该市场上最好的公司之一。为了做出我的决定，我问了很多问题，包括风险，保证不会损失我的本金（我同意冒着不获得利息的风险。）我问这是否可能是任何形式的欺诈，庞氏骗局，以及我会不会从自己的钱中获得利息等等。我确信这是超级安全的，而且我的钱没有任何问题，因为我的名字在这块土地上得到了保护，而且土地的成本正在上涨。他给我看了土地的评估，告诉我想象一下这个项目完成后这个数字会有多高。他多次说这不是俄罗斯——而是加拿大，这里的一切都受法律约束。一切似乎都是合乎逻辑的。每次出价都很匆忙——你必须更快地做出决定，因为有人会比我先投资。我问在经纪人电话里看我协议书的律师是谁，他代表我还是代表借款人？我被告知，当然，他代表我和我的利益，但借款人支付一切费用。在第一笔投资后，我开始了解最新情况和兴趣。他提供了更多的项目。 2017 年 1 月，我停止同时收到所有 4 个项目的利息。到期日过去了，根据协议的延期也过去了。因为我满足了所有要求，所以我要求收回我的本金，但我被告知要等待，因为不可能从该项目中获得资金。我说我所有的项目同时停止看起来很奇怪，我再次确信这只是我的特定项目的巧合。 2017 年，一名记者就 SkyCity 联系了我。我通知了经纪人，但他说记者只是破坏了一切，什么都不知道，而且这个项目的一切都很棒。我开始自己的研究，发现 the 项目和SM有麻烦了！所有文件都说如果你有任何问题可以联系你的经纪人，但他隐瞒了真实情况，知道什么也做不了。从一开始他就隐瞒了 Fortress 保留了投资者 35% 的钱并且利息是用我自己的钱支付的信息。从夏天开始他就没有接电话，所以在九月份我发现他在多伦多的一家经纪公司工作。 他很清楚我不能冒本金的风险，他知道我签约是因为我被承诺会定期收到利息——这不是 RRSP 储蓄，他知道我同意是因为这是一项短期投资，没有风险。这种欺诈行为给我的家人造成了可怕的经济损失。 ~KD 掠夺弱者和无辜者 我将我的全部退休储蓄 (RRSP) 都投入了这个 Fortress 骗局。我为那笔钱努力工作，但什么也没有给我。 我有一个财务顾问大约 15 年，所以他得到了我的信任。我被告知要投资这种“高息银团抵押贷款”仅 2 年，这是一个快速的转变，高回报，然后将我的钱转移到其他东西上。我还被告知这是“有保障的”，因为我已经获得了所有权。我从没想过这个“建议”是出于贪婪和高额佣金。这些佣金从未向我透露过。该项目已经拥有大量留置权的事实也不是。我的顾问没有对我进行风险评估，过去进行的任何评估，我总是被列为中等风险。我从来不属于高风险类别。一位律师在电话中给了我“ILA”（我现在知道他在 Fortress 工作）。这是一个精心策划的有条不紊的骗局，从头到尾。我的顾问和他的同伙显然接受了 Fortress 的推销培训。我被当成傻瓜了。他们掠夺弱者和无辜者。 知道现在被卷入这个骗局的其他人都依靠这笔钱来照顾自己和病重而一无所有的亲人，这让我很伤心。有些人投入了他们所有的一切，却一无所有。一些有年幼孩子的单身母亲不得不从事多项工作以维持生计。这些掠食者不了解他们造成的破坏。他们不了解我们因这个骗局而承受的痛苦和磨难。 我为所有受害者祈求正义。上帝保佑我们所有人。 ~丹尼说唱 我会为我的家人而战 我父亲是通过一个共同的朋友介绍给弗兰克德拉内蒂的。他一次又一次被迫投资、参加免费晚宴和研讨会。这时我19岁，刚开始大学一年级。我妈妈有一个储蓄账户，她把钱记在我的名下，然后把钱转给我，这样我就可以支付学费了。就在这时，我找到了一份工作，赚到的钱足以支付我自己的学校费用。所以从那时起，我父亲就建议我们拿出一半的资金来投资。坐在银行里有什么好处，对吧？我们可以赚到 8% 的回报，对吗？保证，对吧？大楼已经盖好了吧？ BMO 已经占领了大楼，这意味着它是合法的，对吧？房地产是最安全的投资场所，对吧？正确的。 Dragonetti 先生来到我家，坐在我厨房的桌子旁，看到了这个 19 岁的孩子，并允许我签下 30,000.00 美元，他知道我再也见不到它了。那天，我投资了 Collier Barrie 项目。 几个月后，我父亲决定投资。他投资了他的全部退休/终生积蓄。他在南岸项目投资了 100,000.00 美元，在 Collier Barrie 项目投资了 110,000.00 美元。从那以后，我们收到一封又一封信，关于延长我们签署的合同（只有 1 年），承诺额外 8%。 那是四年前的事了。从那以后，我的母亲变得沮丧，每周工作 60 多个小时，只是为了尝试挽回我们失去的东西。我父亲很难放下他的骄傲，因为他现在无法养家糊口，也无法规划他的未来。对于一个离退休如此之近、准备好享受余下的生活的人来说……这不是他或我们应有的生活方式。他们经常为此争论不休。投资 Fortress 的选择削弱了他们超过 25 年的合作关系。随着时间的推移，我们自己的房贷越来越难还，而我们却把自己辛苦赚来的钱，用来支付别人的舒适生活。 我妈妈出了车祸，现在连 1 小时的工作都做不了，更不用说她以前做的 60 小时了。最近，我个人认为是压力的结果，我父亲被诊断出患有癌症。这导致他无法工作。所以我在这里。离开是为了给我父母第二次生命的机会，试图让他们有机会重新振作起来，享受剩下的生活。一直以来，我都在努力让自己在这叫做生活的事情上取得一定的成功。 因为它只不过是地狱。我推迟了我的婚礼，我推迟了购买自己的房子，因为我无力支付两份抵押贷款。我必须找第二份工作，一份是因为我需要更多的钱，另一份是因为我经常请假来支持我父亲和医生的预约。 因此，如果您的想法是，“您要起诉吗？”。是的。每一次呼吸，我得到的每一分钱。他们都必须受苦。我家的投资确保了他们的家人头上有屋顶，肚子里有食物，背上有衣服。他们心狠手辣，对无辜的中产阶级做出这种背信弃义的事情，那我也做个野蛮人，对他们所关心的一切一视同仁。我会战斗。 〜V。 这不是生活应该是什么 我在 2014 年与 Fortress 一起投资了一个名为 Mississauga 的项目，后来更名为 Anchors 2。我投资了 98,000.00 美元，并收到了 2 年的利息。这是一个小而短的项目，在 2 年内完成，并可能再延长一年。 现在是2019年了，项目只是一个平整的站点。开发商 Dunsire 退出了，因为他们在该项目中没有索赔。该网站正在出售，欠抵押贷款 5 或 600 万。我花了大约 3 个月的时间研究这个，并与经纪人 Bob Bindher 进行了几次会面（他离开了 Fortress，我找不到关于他的任何信息。） 经纪人告诉我以下内容；他们只与经过验证的承包商打交道，在项目完成所有批准、铲子准备好进入地面之前，他们永远不会参与，如果我想参与这个项目，我必须迅速采取行动，因为他们几乎已经拿到钱了这个项目需要。我被告知存在风险，但所有投资都存在风险，而且他们只在项目价值增加时才为该项目释放资金——这样一来，该项目的价值总是高于所欠的。这是写在我的合同里的。我被告知我的钱 100% 都用于该项目，所有费用均由开发商支付，经纪人费用由开发商支付 4%，他们从未错过利息支付，而且他们从未有过项目失败，他们正在重新规划建筑以使其更有利可图，并且通过停止支付利息最终会加快建筑过程，我们都会赚更多的钱。 我觉得他们违反了合同，我要求退还我的钱，他们的回答是不，并说所有的延误都包含在合同中，如果我不喜欢，请聘请律师。 我投资的钱是我从雇主那里得到的买断的一部分，利息是为了抵消我的小额养老金。我现在 69 岁，必须继续从事最低工资的工作以维持生计，并且看不到我可以停止工作的地步。我身心俱疲。校长将用于我孙女的教育，这让我最恶心的是，她不会在那里。我已经很多年没有休假了，也看不到任何东西。 生活中的小事，我得不到；几杯啤酒，一轮高尔夫球等。在每个月底，我希望能找到足够的钱和我现在 5 岁的小伙伴一起出去玩。我不和我的女儿和儿子分享，因为这是我的问题，而不是他们的问题。我比别人过得好；我不会挨饿或感冒，但这不是生活应该有的样子！！！ ~雷豆 从我们的房屋净值中投资 100,000 美元 我最初是从我的财务顾问和几个朋友那里听说 Fortress 的；他向我介绍了 FMP 下的抵押贷款代理人。我们确实利用（借贷）投资了 Fortress。我们从房屋净值中提取了 100,000 美元。他说很安全，我们的名字都在地契上，我们投资房地产绝对不会出错。 我们在 George 项目中投入了 82,000.00 美元，参观了现场，我们决定，是的，Georgetown 正在蓬勃发展，退出只有两年。伯灵顿的 Sutton Drive 是一个很好的位置，所以我们投入了 30,000.00 美元。利息支付进展顺利，但当利息停止支付时，我感到非常痛苦。现在我们必须用自己的钱来支付我们从银行获得的贷款。我希望它会恢复正常，并打电话给这位抵押贷款代理人 Darius。他说一切都很好，没有什么可疑的。他们将在乔治敦建造一座寺庙，一切都会好起来的。伯灵顿的萨顿将需要更长的时间。我们对这个伯灵顿项目做了大量的功课，并咨询了我们自己的律师。 我知道的下一件事是我正在阅读《环球邮报》中一篇关于加拿大皇家骑警突袭要塞的文章！报纸上更多关于堡垒的负面新闻，最后一个是 FAAN 向我们投下炸弹，我们。在 Only bidder 以 740 万美元的价格接管 Georgetown 项目后，二级贷款人将没有任何资金，并且在支付所有费用后，我们二级贷款人将一无所有。 我哭了好几天，但我的丈夫非常安慰我，说这只是钱，重要的是健康。彻夜难眠，一直在追问自己如果会怎样，为什么会怎样，自责自己贪了那8%的利益，我们这么好的人怎么会这样！我是一个虔诚的人，但这次我的祈祷大大增加了。这就是让我继续前进和保持理智完整的原因。我不能告诉我的家人，我很不好意思开口，因为他们可能会说我们很愚蠢。 我的第一个想法是，我希望我们能组成一个受 Fortress 伤害的投资者群体，所以我在这里，通过 Eric Mendoza 的开创性努力聚集在一起的 28 位投资者之一，感谢 Rebelo 先生允许我们使用绿洲会议中心的设施。我也通知了我的朋友，因为我知道他们也投资了 Fortress。 直到今天，我的祈祷一直在不断，让我和我丈夫在情感上保持坚强。以这种方式损失 82,000.00 美元是非常具有破坏性的。失眠对我来说是一件持续不断的事情。 我的原则是，无论付出什么代价，我都不会停止为这个事业而战。 我感谢这个团体。他们祝福。上帝会引导我们走过这段旅程。 ~Zeny U 在地狱边缘-堡垒应该被追究责任 我目前对 Fortress（由 Sorrenti 管理）进行了投资，但处于不确定状态。 我不确定它发生了什么以及结果。据我所知，他们过度扩展了许多项目的所有融资，最终没有任何支出。 最糟糕的是我推荐了我姐姐和一些朋友。一些朋友投资了很多项目。 （150-200K+）。我感到非常糟糕和负责任。 Fortress 应该被追究责任，所有与此有关的各方都应该对没收的资产承担个人责任，因为他们有这种诈骗和搭便车的注意力。没收他们所有的个人账户和资产！ 单身妈妈不再为我的儿子存钱 我第一次听说 Fortress 银团抵押贷款投资是通过我的抵押贷款经纪人，他向我介绍了它，作为在经历毁灭性离婚时赚取“被动收入”的一种方式。他知道我处于弱势地位，这就是我所有的退休金和毕生积蓄。我投资了 195,000.00 美元。他还知道我是两个孩子的单身母亲，而且我不是风险中立的；我想要并且需要一种风险更小的更安全的风格投资。他向我保证，这是一项安全的投资，他的公司拥有安全投资的历史和记录，没有给投资者造成任何损失，他说这在业内是独一无二的。 损失对我家庭的影响是，我不再有积蓄或大学资金可供现在即将进入大学年龄的两个儿子使用，我不得不打三份工来支付我们的账单和费用。它具有不可逆转的破坏性。我的心理健康受到了严重影响，我的孩子们担心我和我在维持生计的极端压力下保持健康的能力。看来 Fortress 原来是一个骗人的庞氏骗局，用我们自己的本金支付利息来吸引投资者！ （甚至不是来自项目！）并且还用最近投资者的资金向早期投资者支付利息，导致我们错误地认为利润来自项目，而实际上它只是来自其他投资者受害者和我们自己的本金。这是国家犯罪，FSCO 背叛了他们本应保护的零售消费者，这是一种耻辱。 -Islena F. 我所有的退休金 一位了解我情况的“朋友”向我介绍了这项投资，我从姑姑那里继承了一笔钱，需要这笔钱给我一定的零花钱，并保证我66岁的本金安全，_cc781905 -5cde-3194-bb3b-136bad5cf58d_那是我退休后所有的钱。我确信这项投资是完全安全的，Fortress 从来没有错过利息支付，而且总是及时退出。有人告诉我，他们可以将出口延长 6 个月一次。我从未被告知 35% 的资金将从我的投资中扣除，或者我所谓的利息支付来自我的投资。我的代理人一再向我保证，这是一项安全的投资 - 即使在 2018 年也是如此。我确实收到了大约 1-1/2 年的利息，然后在投资艾伯塔省后的 3 或 4 周内，所有项目的利息支付立即停止.除了一小笔 CPP 外，我没有任何收入。 我的伴侣最终支付了过去 4 年的所有账单（我应该支付 1/2），我们可能会失去我们的公寓。我的经纪人告诉我，不直接支付公寓费用更有意义，因为我们公寓的利息只有 2-1/2%，而我得到 8% 的利息，所以赚钱。今年我的伴侣发现他患有癌症，由于这种情况，他不得不继续接受化疗。同样，我的代理人不断对我的合作伙伴发表评论，因为他拒绝对此进行投资，我们的关系也因为我的投资而恶化。直到 2017 年圣诞节，我一直保持联系以寻求保证的代理人一直坚持要找到所有东西，而他必须知道事情到底有多糟糕。我们正在接受 5 个项目，我投资了 345,000 美元。 -玛格丽特 如坐针毡 我是一位最近离婚的女士，在我的前夫愚蠢地赌掉了我的遗产后，她逃脱了一段糟糕的婚姻。凭借我有限的剩余资源，即我的 TFSA，我需要投资一个 Fortress 项目。我在下班回家的路上听说了这个银团抵押贷款投资听 AM 640。演讲者（又名广告商）是一位房地产经纪人，我觉得值得信赖，名叫 Lou Berkowitz，他详细说明了这项投资的高回报和安全性。 .我报名参加了一场演讲，结果在投资上被卖掉了，没有注意到关于缺乏流动性或可能的风险的警告，这些警告被淡化为罕见。 FDS 推广了所有让客户感兴趣的成功退出，我将我的 40k TFSA 投入了一个名为 The James 的 Brad Lamb 项目。我最初的意图是只冒 20,000 美元的风险，但如果我增加投资，FDS 团队向我提供了奥林匹亚信托费用一半的回扣。所以我在这里，事实证明布拉德·兰姆试图以折扣价买下我们，没有兴趣，即使詹姆斯已经更名为伍德沃斯并且售价比原来高得多。 等待 FAAN 是否接受。我非常沮丧，如坐针毡。我不相信这个项目会让 Brad Lamb 损失一分钱，他只是利用负面宣传和恐惧来吓唬我们，让我们接受我们投资的一小部分。 芭芭拉 缺乏监督 我们通过 RRSP（我们现在了解到它不符合条件）和信用额度投资 Fortress，总计 $135,000。现在，8 年后需要偿还这些资金，连同利息还给给我们信用额度的银行。不仅“保证的 8%”根本得不到保证，我们还面临着奥林匹亚的威胁，要我们在被迫转入的账户上收款。然而没有人负责。大家都拿了钱就走了。而且由于这个问题太复杂，政府没有兴趣消除其缺乏监督的问题。即使这些政党和几个人为政府所熟知，也更容易睁一只眼闭一只眼。 凯西小号 投资的钱是为了我的退休 - 我有房子出售 我投资了 4 个项目，总计 185,000 美元，认为这些是安全的投资。在填写我的投资资料时，我表示我是低到中等风险的投资者，但我的代理人将其更改为高风险投资者，但向我保证这些项目是安全的。投资的钱是为了我的退休生活，我一直在寻找银行无法提供的更高利率。我现在要出售我的房子，因为我再也负担不起维护它的费用，而且在这个艰难的市场上也很难卖掉。我处境非常困难，一想到我是如何被抢走辛苦赚来的钱，我就感到恶心。 玛丽·D 东海岸投资南下 2014年6月，我在新斯科舍省应聘代理人时，认识了FDS Broker Services的总裁Glenn May Anderson。丰泽想进入东海岸市场，做代理比其他省份容易（不用考试，只交费用）。入职后，他问我有没有钱要投资。我说我目前在埃德蒙顿 Brad Lamb Development 的一个名为 North 的养老金中有超过 50,000 美元。此时安德森先生开始称赞我的投资是多么安全。他解释说，银团抵押贷款是抵押贷款，因此受到充分保护。他说要塞永远是第二名。没有投资者会在他们的原始投资和他们承诺的利息之前离开。塔莎·萨瑟兰 (Tasha Sutherland) 向我表达了同样的看法，她是我的培训对象。此外，安德森先生告诉我，虽然 Fortress 名列第二，但“任何地方都没有自尊的法官”会允许在原始投资者没有得到适当补偿的情况下出售房产。在我为他们在哈利法克斯组织的个人和小组会议上，安德森先生和萨瑟兰小姐向潜在投资者表达了同样的看法。 正是在这一点上，我投资了我的 50,000 美元，因为我真的认为他们说的是实话（请注意，我没有向任何投资者出售任何产品，因为该集团实际上是在欺骗我）过了一段时间，我开始注意到我没有得到任何我被承诺支付利息。我联系了 FDS 和 Fortress，但没有人给我回电话。我会发送电子邮件并留下电话留言。没有什么。然后我打电话给了一个假名，说我有钱要投资。那天我用我给的号码接到了回电。萨瑟兰小姐告诉我，他们会将我的投资转移到另一处房产。我对此很满意，因为我想我可能会得到一些回报。然而，我被告知这不会发生。我什么也没收到。当我要求至少进行某种更新时，我收到了简短的电子邮件，有些只有三到四个词。最后，Sutherland 小姐离开公司时，她的电子邮件地址无法使用。安德森先生的执照被吊销了。而我什么都没有。 通用汽车 承诺，承诺 我是通过经纪人 Baytree Real Capital 听说了Fortress，他的名字叫Ted Jin。 2015年12月21日，我和我妻子通过TFSA向Collier Center项目每人投资了40,500美元。当时Bay Tree的Ted Jin承诺每年8%的利息，一两年后返还本金，但我只拿到了一个预付8%利息的时间。我们总共损失了 $81000 的本金，这些本金是我们的退休金。在此期间，Olympia Trust 按月和按年收取账户费用。他们也是我的损失。 dws 我不希望看到一毛钱 我住在哈利法克斯，我的保险代理人（他也是我的朋友）找到了他的朋友，并被介绍给一个投资机会，“保证”回报率为 8%。像许多人一样，我为“担保”而堕落，并在两种不同的 Fortress 抵押贷款中向 RRSP 基金投资了 130,000 美元。两年来一切顺利，然后付款停止，借口开始出现。在阅读了法律文件之后，当然没有人会给你时间在签署当天做这些，我意识到基本上我已经知道我的第二抵押贷款可以很容易地转移到第三、第四或第五抵押贷款，这意味着见到我的校长回来的机会基本上为零。我对我的“朋友”感到生气，因为他把我介绍给了他的朋友，他的朋友把这些投资卖给了我。 说实话，我不希望看到一毛钱，因为不幸的是，小人物从来没有看到过。更糟糕的是，我还与将我介绍给 Fortress 的同一个人在其他“有保证”的投资中额外投资了 3 亿美元，你可以猜到大部分钱发生了什么......定期付款停止，故事开始了. Fortress 只是这个国家存在的投资骗局的冰山一角，我正在经历你从未见过的 90% 或冰山的软肋。我为如此天真地信任一个我几乎不认识的人而变得不那么信任他人而苦苦挣扎。那些参与这个大联盟骗局的人总有一天会付出代价，今生或来世。 CY 没有得到他们欠我的钱 我在 Fortress Real Capital 投资了 45 美元，ooo.oo，于 2012 年 4 月 23 日签署。该项目是针对圣凯瑟琳斯的 Port Place 豪华海滨，保证我的钱有 8% 的利息。这个项目没有通过，所以现在我没有得到他们欠我的钱 磅 贝树资本-》Low 风险，8% 保证回报” 我是通过在 Baytree Capital 工作的投资经纪人 Taehoon Jin 听说这个 Fortress 投资的。他介绍了这项投资，并表示风险低，一两年内有 8% 的保证回报。这看起来很有吸引力，所以我和我的妻子从我们的免税储蓄账户中总共投资了 81,000 美元。这是我退休基金的一部分，它会影响我目前的退休财务计划。此外，由于这次损失，我和我的妻子承受着很大的压力。 DWS 我们不值得活到最后 这样的日子 几个月来，我们在葡萄牙多元文化 CIRV 电台听了经纪人 Victor Ferreira 关于 8% 利息、无风险银团抵押贷款的消息。所以我们在 3 个独立项目中总共投资了 260.000.00 美元，当时我们在 2015 年 9 月卖掉了我们在奥克维尔，我们已经准备好提前退休，因为我丈夫心脏病发作，最终做了心脏手术，三次通过，我们决定搬到北方，在那里我们有一座小屋，所以我们认为光是利息就足够了继续生活一段时间，直到我们拿回本金，......好吧，几个月后利息停止了，当我联系他们时，经纪人和他的 posy 没有给我们答案，..我们甚至几次去沃恩的 Sorrenti 律师事务所，因为他们不接电话或不回复电子邮件，让他告诉我们，在付给高级合伙人后，没有钱付给我们了……这是听到如此毁灭性的消息，我们从未想过会发生这种情况，我们感到被背叛，敢于说被侵犯，剥夺了我们的退休生活，让自己负债累累，希望在收到钱时还钱，但现在这不会很快发生......我们生活在如此多的压力和失败中健康问题，....我们不应该这样度过我们的最后几天，在为这个国家的税收和经济做出了一生的贡献之后，最终没有人帮助我们。我希望在这条非常黑暗的隧道尽头有一盏灯。 A&JG 我们失去了一生的积蓄 我们只是普通的劳动人民。 25 多年来，我们一直努力做正确的事，并一直在尽可能地储蓄和投资。我们一直试图保持谨慎，对高风险收益或风险投资不感兴趣。然后，我们在 Erb Financial 的财务顾问 Sandra Erb（我们也认为她是我们的家庭朋友）通过她为所有客户举办的几次演讲向我们介绍了银团抵押贷款投资。 起初我们没有投资，但每次拜访时，她都坚持说这里有多安全，并告诉我们她和她的其他客户赚了多少钱。每次我们提醒她我们不是风险投资者，我们不能让自己处于可能损失本金的境地。每次她向我们保证它是安全的，保证支付 8% 的利息，只使用信誉良好、经过全面审查的项目和开发商，确保委托人永远不会面临风险。她最终说服我们尝试 1-2 年的短期辛迪加期限，以减轻我们的担忧。 因为很早，我们就收到了承诺的每月股息，当抵押贷款期限结束时，我们收到了本金和承诺的 8% 的利息。然后她建议我们，如果我们要再投资另一个项目，买入将保持在 25,000 美元的下限。所以我们信任她并做到了。在接下来的一年里，她慢慢说服我们将所有积蓄投资于长期辛迪加（3-5 年）抵押贷款项目（总计 165,000 美元）。一两年后，这些银团抵押贷款项目开始遇到各种延误和问题，而且没有一个能够完成。每次我们提出疑虑时，她都告诉我们不要担心我们的钱是安全的，Fortress 正在接管他们，我们没有什么可担心的。好吧，我们已经失去了所有的积蓄。这不仅仅是金钱（尽管这本身就是毁灭性的），它是对信任的破坏，成为受害者的尴尬以及失去储蓄安全感的压力，所有这些都让这些贪婪、毫无歉意、不道德的人中饱私囊和道德败坏的人。 米歇尔·K

2020 年 4 月 1 日 观看下方 Rose Ray 关于潜在集体诉讼进展的最新更新。 此外，如果您能够资助与诉讼相关的调查和研究（诉讼是否可行），请完成此形式 .您可以通过信用卡付款（链接将带您转至 Paypal），或者您可以在完成表格后通过电子转帐至 info@vosmi.ca 。 谢谢你！

请愿 感谢尊敬的 Doug Shipley 介绍我们的请愿 2021 年 4 月 13 日到下议院，要求对 Fortress Real Development 银团抵押贷款进行调查。特别感谢 Rose Ray、请愿委员会和所有签署此请愿书的人。

VOSMI is a group of investors of Syndicate Mortgages through Fortress Real Developments Inc. We are sharing our stories, and joining together so that our voices can be heard. About VOSMI is a non-profit organization formed by victims of the largest mortgage investment fraud in Canada's history. We are the individuals directly impacted by the Fortress Real Developments Inc syndicated mortgage fraud, coming together to share resources, raise awareness, and support one another. Are you a victim? You are not alone. Our group was first formed on Facebook in 2018 by a victim of the Fortress fraud who felt she had to connect with other Fortress investors. Slowly, the group grew to over 800 members, with hundreds of additional subscribers on our website. We hope this website provides victims and their families with some resources, information, and support. 我们被承诺： 抵押贷款期限结束时偿还本金 赚取 8% fixed 利息 with principal secured 投资以有形财产的安全为后盾，就像银行提供定期抵押贷款一样 抵押贷款期限结束时偿还本金 符合 RRSP、TFSA、LIRA 资格 安全低风险投资 我们发现了什么： 投资风险高 当前的“原样”值严重膨胀 贷值比超过100%，最高超过300%。在这里阅读更多 . 失败的项目（例如 Collier、Harmony）导致没有剩余资金来偿还辛迪加投资者（即 VOSMIS） 投资不符合 RRSP 资格 独立法律咨询费用由 Fortress RDI 支付 未披露的 35% 佣金费用已从投资者的本金中扣除 中期停止支付 8% 的利息 从投资者的本金中扣除 8% 的费用 这听起来很熟悉吗？ 如果您是欺诈的受害者，请知道您并不孤单。加拿大犯罪受害者中心创建了一个极好的资源来支持欺诈受害者。 “帮助欺诈受害者恢复”是必读的。 Linda "I was ashamed that I was duped into doing this investment - I thought that I was smarter than that. This just proves how we were conned." Andrew “The way it was sold to me – and I think everybody – is... you’d be a fool to not want to invest; it was so lucrative. This was a no-brainer. You were investing on real properties and developments. Back then, there was a big condo boom, especially in the Greater Toronto Area (GTA)” you are not alone Thousands were affected. Together, we stand stronger you are not to blame The responsibility lies with those who orchestrated the fraud. Justice takes time The legal process can seem slow and frustrating, but every step brings the truth forward. your feelings are valid Anger, grief and frustration are natural. Healing takes time. Your feelings are valid. You are not alone. We created a word cloud with our investors emotions and reactions as they navigate through this emotional and financial journey. Do these emotions and thoughts resonate with you? Helpful Resources Join our private VOSMI group on Facebook. Sign up for our Newsletter! Helpful victim resources from these sites: CRVC (Canadian Resource for Victims of Crime ) Navigating the Justice System Helping Victims of Fraud Recover The Serious Fraud Office Ontario-Victim Resources “There’s this unfair sense from others who hear these stories that these people should’ve known better, and that’s unfortunate because every one of us in this day and age is susceptible.” Vanessa Iafolla, Anti-Fraud Intelligence Consultant. ‘The forgotten impact’: Helping victims of financial fraud deal with emotional distress CTV News Sep 6, 2025- Pat Tenney

The Developers who partnered with Fortress Over 25 real estate developers partnered with Fortress Developments. Lamb Development Corp partnered with Fortress on 14 real estate projects. Lamb failed to repay over $47 Million to the Syndicate Mortgage investors. Developer Pie Chart

2019 年 9 月 13 日 我们于 2019 年 9 月 13 日举行了第一次抗议。 参与者包括 Fortress 投资者，以及 Tier 1 投资者，因为这两个群体的投资者都被安大略省的监管机构拒绝了。 80-100名抗议者参加！但我们不会就此止步。我们的下一个过程定于 2019 年 10 月 4 日在皇后公园举行。 在此处阅读 Nick Boisvert 的 CBC 文章 .

2020 年 3 月 11 日 观看 Rose Ray 的视频，了解我们投资者的更新和要求。 根据罗斯的视频，附在右下方，是信 您可以在发送给 FAAN 抵押贷款的电子邮件中使用，请求与您的文件相关的文件 pertaining 法律意见。 请确保你 在发送到FAAN之前 签名 您的电子邮件的主题行可以是： 索取法律意见文件 通过电子邮件发送 letter 到 FAAN i nfo@faanmortgageadmin.com , 用 a copy (cc) 到 roseray@bell.net 谢谢你！ Letter to FAAN Requesting Docs.docx

请填写以下字段以加入我们的邮件列表，以便接收更新和时事通讯。 发送 谢谢！消息已发送。请检查您的垃圾邮件，以确保您不会错过我们的电子邮件。

Coming up! February 2, 2026 Sentencing Hearing Courthouse Details: Location: 10 Armoury Street, Toronto, Ontario (walking distance from subways & City Hall) Room # TBD Start Time 10 am Court is Open to the Public Tried by judge only (no jury) Zoom is not available. JOIN US! About the trial Fortress Criminal Trial R. v Rathore & Petrozza Fortress Real Developments raised more than $920 Million from thousands of everyday investors through syndicated mortgage investments. It is alleged that the company's founders misrepresented the nature and risk of these investments during sales and promotional activities, leading to significant financial losses for investors. In June 2022, following a lengthy investigation by the RCMP Integrated Market Enforcement Team (IMET), Jawad Rathore and Vince Petrozza were criminally charged with Fraud and Secret Commissions. The prosecution chose to focus on 2 projects during the trial: Sky City and Collier. On May 28, Justice D. Moore delivered his guilty verdict. The trial summary can be read here. Key dates: April 13, 2018 : RCMP executed their search warrants and production orders. June 22, 2022 : Rathore & Petrozza are charged with Fraud & Secret Commissions May 28, 2025 : Trial Commences December 3, 2025 : Sentencing Submission Hearing February 2, 2026: Sentencing Hearing Q & A 1. Who are Jawad Rathore and Vince Petrozza? Rathore and Petrozza are the founders and principals of Fortress Real Development. Rathore is the CEO, and Petrozza is the COO. Petrozza was also the principal broker for Centro/BDMC. Fortress and its affiliated brokerages raised over $920 million in syndicated mortgage investments to help fund the "soft costs" of their developments. Investors who were everyday "mom & pop" investors were led to believe the SML investments were secure and low risk. In total, over $900 million was raised from all syndicated mortgage investments. Thousands of investors have lost their life savings investing in Fortress SMLs. 2. Why are they being tried in a criminal court? Rathore and Petrozza were criminally charged with Fraud and Secret Commissions after a lengthy RCMP investigation. It is alleged that the founders of Fortress Real Developments engaged in fraud by orchestrating an ongoing scheme whereby they did not disclose the various risks to brokers and investors of syndicated mortgages. The Crown later chose to focus the trial on the fraud charges. 3. What is a syndicated mortgage? A syndicate mortgage is a group of individuals who lend money privately to a borrower to finance real estate developments, such as residential condo buildings. In the case of Fortress Real Development Inc, loans were secured against a major development proposal known as a Syndicated Mortgage Investment (“SMI”).These funds were primarily to finance the ‘soft costs’ of a real estate development. They are also referred to as Syndicated Mortgage Loans (SML) as the investors in effect leant money to the borrower (developer). 4. Is zoom available for this trial? Unfortunately there are technical issues that prevent the trial from being shared over zoom. If you are able to attend in person, there are many TTC options for those of you in the GTA. Please go to the Trip Planner site for assistance. https://www.ttc.ca/trip-planner 5. What should I expect at the courthouse? What can I bring? Please refer to the courtroom guidelines and etiquette. 6. Which projects are the focus of the trial? Even though Fortress raised money for over 70 projects, (there were about 45 at the time of the RCMP raid), the RCMP narrowed their investigation on Collier, Crates Landing/South Shore, Harmony Village & Sky City. 7. Who is the prosecutor? It is crown attorney Scott Patterson. 8. Who is the defence? Gerald Chan for Vince Petrozza, and Scott Fenton for Jawad Rathore. CBC Developers found guilty of defrauding investors out of retirement savings in Barrie, Winnipeg Read More Global News Fortress Real Developments co-founders found guilty of fraud Read More Investment Executive Fortress pair convicted on fraud charges Read More