Ottawa real estate agent a partner in Golden Oaks scheme, arbitrator rules

September 1,2015

An Ottawa real estate agent and his brother who were involved with now-bankrupt Golden Oaks Enterprises will have to pay an estimated $658,000 to a bankruptcy trustee for their role in what an arbitrator has described as both a Ponzi and a pyramid scheme.

For more information see the latest article from the Ottawa Citizen reporting on this matter:
http://ottawacitizen.com/news/local-news/ottawa-real-estate-agent-a-partner-in-golden-oaks-pyramid-scheme-arbitrator-rules