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StateView Homes founders sue former CFO for alleged $37M fraud

StateView Homes founders sue former CFO for alleged $37M fraud
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.

These warning signs preceded StateView Homes epic collapse

These warning signs preceded StateView Homes epic collapse
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Ontario home developer agrees to place several GTA townhome projects into receivership

After three of its lenders learned of a multi-million dollar fraud accusations and demanded repayment of almost $200 million in loans, StateView Homes has agreed to the appointment of a third-party receiver to manage the potential sale of several uncompleted townhome developments, throwing the future of hundreds of pre-sold homes into doubt.

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