Providing corporate and commercial litigation services in Calgary and throughout Canada
March 2021
Billington Barristers acted as counsel for the Receiver in the Base Finance and Base Mortgage receivership, the largest Ponzi Scheme fraud in Alberta history. The Receiver investigated and recovered the remaining assets and proceeds were returned to the defrauded investors. Cooperation was also given to the Alberta Securities Commission and the Crown Prosecutor. The principals behind this long running scheme have now pleaded guilty to criminal charges.
See more coverage in the Calgary Herald: Investors risked up to $27 million in Ponzi scheme run by Calgary company, court told.
Sentencing is scheduled to occur in June and July of 2021.
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.