Condo Deposit Fraud results in Criminal Conviction for Developer’s Lawyer
A Toronto lawyer, Meerai Cho, was recently convicted of criminal breach of trust and had her licence to practice law revoked for her part in facilitating the theft of $13,000,000 by her client, a condominium developer. We previously blogged about this in May 2015. The stolen money was comprised of deposits paid by over 140 purchasers of units in a mixed-use commercial/residential condominium to be built in North York, Ontario. As reported by the Law Society of Upper Canada (the “Law Society”), most purchasers lost between $50,000 and $100,000. Read the article………….
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