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The Eron Mortgage Fraud: Canada's Biggest Ponzi - Part 1: Ordinary Papers, Extraordinary Lies

The Eron Mortgage Fraud: Canada's Biggest Ponzi - Part 1: Ordinary Papers, Extraordinary Lies

Season 11 Episode 1 Published 2 months ago
Description
Picture yourself walking into a quiet suburban office, surrounded by nothing but file folders, fluorescent lights, and the hum of everyday finance. Nothing feels risky—until you realize the paperwork itself is hiding a secret.Before Eron Mortgage became the headline for Canada’s biggest Ponzi scheme, it was just another name in British Columbia’s finance scene. This was the early nineteen nineties, where private mortgage lending looked too dull, too safe, to ever become a disaster. Investors wanted yield but not excitement. They wanted something tangible—real estate, bricks, and land. And they were met with a business model that seemed tailor-made for cautious Canadians.Learn more at: https://thefraudarchive.com/fraud/eron-mortgage

The Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to exploring history's greatest cons, scams, and financial crimes.

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