I see the developer who is planning to build “an elite collection of urban Townhomes” at Gorham and Muriel here in Newmarket has been accused of a $37M “cheque kiting” fraud scheme.
I feel like an innocent abroad. Cheque kiting? What on earth is that all about?
The CBC reports the home developer is facing allegations that it orchestrated a “highly sophisticated” year-long fraud" totalling over $37M.
State View Homes deny they are bankrupt.