Property flip in bankruptcy sale 'fraudulent' - Waterloo R...
02/25/16
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Property flip in bankruptcy sale 'fraudulent'
Waterloo Record
TORONTO — A businessman who bought a downtown Toronto property in a bankruptcy sale but secretly flipped it for almost $3 million more before the deal went through is liable for fraudulent misrepresentation, Ontario's top court ruled Thursday.
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Waterloo Record
TORONTO — A businessman who bought a downtown Toronto property in a bankruptcy sale but secretly flipped it for almost $3 million more before the deal went through is liable for fraudulent misrepresentation, Ontario's top court ruled Thursday.