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Former Calgary Realtor Eric Drinkwater admits to Ponzi scheme, faces possible lifetime ban

Summary by REM | Real Estate Magazine
Former Calgary Realtor Eric Drinkwater, who is charged with $1.9-million in alleged fraud, is facing a potential lifetime cancellation of his licence after a regulatory hearing on Thursday.~ Drinkwater appeared in a virtual disciplinary hearing held by the Real Estate Council of Alberta, where he agreed to a laundry list of illicit activities that amounted to a significant Ponzi scheme affecting 71 confirmed victims, and maybe dozens more, an in…
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REM | Real Estate Magazine broke the news in on Friday, May 23, 2025.
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