Financiers who defrauded investors in Man. and Ont. projects each sentenced to 5 years in jail, $12 million | Unpublished
Hello!
Source Feed: CBC News - Canada
Publication Date: February 2, 2026 - 15:27

Stay informed

Financiers who defrauded investors in Man. and Ont. projects each sentenced to 5 years in jail, $12 million

February 2, 2026

Jawad Rathore, 49, and 50-year-old Vince Petrozza were executives for Fortress Real Developments Inc., a defunct Toronto-area syndicated mortgage company that raised funds for a failed 45-storey tower in downtown Winnipeg called SkyCity and a Barrie mixed-use development called the Collier Centre.



Unpublished Newswire

 
Last month, city officials announced it is fast-tracking the project, which would add a steel pipe of the same size and parallel to the existing pipe.
February 6, 2026 - 09:57 | Adam MacVicar | Global News - Canada
The reliable Wolfe Islander III marks 50 years of service on Friday. The vintage ferry is currently back in action, filling in for the troubled Islander IV amid ongoing woes.
February 6, 2026 - 09:31 | Paul Soucy | Global News - Canada