Providing corporate and commercial litigation services in Calgary and throughout Canada
August 2022
Justice Colin Feasby has sentenced to Arnold Breitkreutz, 74, to a ten year term of imprisonment for his role as the mastermind behind the massive Base Mortgage ponzi scheme. Bilking dozens of investors over several years, Breitkreutz was convicted in June. The court’s decision in that conviction is found here: R v Breitkreutz, 2022 ABQB 449. The sentencing decision in August is found here: R v Breitkreutz, 2022 ABQB 559.
Billington Barristers acted for the Receiver of Base Mortgage and Base Finance for much of the receivership period, examining Arnold Breitkreutz under oath, tracking down and realizing on several million dollars worth of assets, and establishing a court supervised process for determining how recovered funds were to be distributed to victims. Breitkreutz’ colleague, Susan Way was previously criminally convicted for her role in the scheme. https://calgaryherald.com/news/crime/calgary-senior-gets-three-year-sentence-for-role-in-multi-million-dollar-ponzi-scheme
Our lawyers provide representation in a wide range of disputes and complex court cases, acting for clients locally and across Canada. Billington Barristers represents individual and corporate clients whether they are a plaintiff or a defendant in a dispute. Our lawyers often act on referrals from other law firms where there is a conflict of interest, a complex litigation matter, or as a court-appointed Independent Supervising Solicitor in specializing injunction matters.