The price of goods and services in Alberta has increased by nearly 14% since the last federal election, causing financial strain for many residents. As a result, some Albertans have had to make significant budget adjustments, leading to instances of homelessness. The rising cost of living has impacted the province’s economy and the well-being of its population.
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Ponzi scheme victims name Royal Bank, B.C. financial services regulator in class action lawsuit
SummaryThree men who were defrauded by Ponzi schemer Greg Martel have initiated a class action lawsuit, asserting that both a bank and a regulatory body played roles in allowing the fraudulent scheme to continue for years, leading to significant and preventable losses for investors. The lawsuit claims that the inaction of these institutions enabled Martel to misappropriate funds without oversight. This legal action underscores the alleged failures of financial oversight that contributed to the extensive...
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