Profits From Okanagan-Based Ponzi Scheme Targeted by B.C. Supreme Court
The trustee has already recovered $1.4 million from 28 investors and seeks another $2.5 million from the last 12 cases.
- On July 3, Justice Shelley Fitzpatrick approved a new claims-based procedure to recover funds from the 12 remaining "net winners" of a Kelowna-based Ponzi scheme.
- Curtis Gordon Quigley operated the fraudulent investment scheme from 2008 to 2020, causing 84 investors to lose a combined total of more than $8.3 million.
- The Trustee recovered $528,000 from Quigley's assets but still seeks $2.5 million from the final dozen winners, including nearly $780,000 from Kathleen Treadgold.
- Retrieving "unjust enrichment and money" aims to compensate those who lost funds during the scheme, according to Justice Fitzpatrick's ruling.
- Although some winners challenged the process, Justice Fitzpatrick ruled the Trustee's approach "properly and fairly balances the interests" of all parties involved in this difficult situation.
15 Articles
15 Articles
Profits from Okanagan-based Ponzi scheme targeted by B.C. Supreme Court - Creston Valley Advance
A B.C. Supreme Court justice has ruled that profits earned through a Ponzi scheme must be repaid to help compensate investors who lost money. On July 3, Justice Fitzpatrick approved that the trustee of the scammer’s estate switch course to enact a procedure to retrieve the “unjust enrichment and money” gained by those who profited from the scheme. The case surrounds Okanagan resident Curtis Quigley, who was charged along with his partner, Kathle…
Profits from Okanagan-based Ponzi scheme targeted by B.C. Supreme Court - Fort St. James Caledonia Courier
A B.C. Supreme Court justice has ruled that profits earned through a Ponzi scheme must be repaid to help compensate investors who lost money. On July 3, Justice Fitzpatrick approved that the trustee of the scammer’s estate switch course to enact a procedure to retrieve the “unjust enrichment and money” gained by those who profited from the scheme. The case surrounds Okanagan resident Curtis Quigley, who was charged along with his partner, Kathle…
Profits from Okanagan-based Ponzi scheme targeted by B.C. Supreme Court - Grand Forks Gazette
A B.C. Supreme Court justice has ruled that profits earned through a Ponzi scheme must be repaid to help compensate investors who lost money. On July 3, Justice Fitzpatrick approved that the trustee of the scammer’s estate switch course to enact a procedure to retrieve the “unjust enrichment and money” gained by those who profited from the scheme. The case surrounds Okanagan resident Curtis Quigley, who was charged along with his partner, Kathle…
Profits from Okanagan-based Ponzi scheme targeted by B.C. Supreme Court - Vanderhoof Omineca Express
A B.C. Supreme Court justice has ruled that profits earned through a Ponzi scheme must be repaid to help compensate investors who lost money. On July 3, Justice Fitzpatrick approved that the trustee of the scammer’s estate switch course to enact a procedure to retrieve the “unjust enrichment and money” gained by those who profited from the scheme. The case surrounds Okanagan resident Curtis Quigley, who was charged along with his partner, Kathle…
The Free Press
Profits from Okanagan-based Ponzi scheme targeted by B.C. Supreme Court
A B.C. Supreme Court justice has ruled that profits earned through a Ponzi scheme must be repaid to help compensate investors who lost money. On July 3, Justice Fitzpatrick approved that the trustee of the scammer’s estate switch course to enact a procedure to retrieve the “unjust enrichment and money” gained by those who profited from the scheme. The case surrounds Okanagan resident Curtis Quigley, who was charged along with his partner, Kathle…
Profits from Okanagan-based Ponzi scheme targeted by B.C. Supreme Court - Northern Sentinel
A B.C. Supreme Court justice has ruled that profits earned through a Ponzi scheme must be repaid to help compensate investors who lost money. On July 3, Justice Fitzpatrick approved that the trustee of the scammer’s estate switch course to enact a procedure to retrieve the “unjust enrichment and money” gained by those who profited from the scheme. The case surrounds Okanagan resident Curtis Quigley, who was charged along with his partner, Kathle…
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