Financiers who defrauded investors in Man. and Ont. projects each sentenced to 5 years in jail, $12 million | Page 13 | Unpublished
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Publication Date: February 2, 2026 - 15:27

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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.

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