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2025 - Robert Giroux's Expert Refutes Fraud Allegations in $150M Trial

Summary by The Latest News
Expert testimonies in Robert Giroux’s $150 million lawsuit assert that his management of funds did not cause the Huot Group’s collapse, countering claims of a Ponzi scheme. Luc Marcil emphasizes the lack of fraudulent activity, pointing out that investments expanded the group’s real estate portfolio. Despite accusations of liquidity issues, Marcil argues these were expected, as investors understood their capital supported long-term projects. Tes…
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2025 - Robert Giroux's Expert Refutes Fraud Allegations in $150M Trial

Expert testimonies in Robert Giroux’s $150 million lawsuit assert that his management of funds did not cause the Huot Group’s collapse, countering claims of a Ponzi scheme. Luc Marcil emphasizes the lack of fraudulent activity, pointing out that investments expanded the group’s real estate portfolio. Despite accusations of liquidity issues, Marcil argues these were expected, as investors understood their capital supported long-term projects. Tes…

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The Latest News broke the news in on Saturday, February 22, 2025.
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