Victoria, B.C., mortgage broker ran Ponzi scheme, trustee finds
Bankruptcy proceedings for disgraced Victoria mortgage broker Greg Martel found he was operating a “massive” Ponzi scheme that helped fund a lavish lifestyle. Documents from receiver and trustee PricewaterhouseCoopers (PwC) say an analysis of money from investors that flowed into and out of Martel’s company My Mortgage Auction Corp. (MMAC) — also known as Shop