The Eron Mortgage Fraud: Canada's Biggest Ponzi

Picture yourself walking into a quiet suburban office, surrounded by nothing but file folders, fluorescent lights, and the hum of everyday finance. Nothing feels risky—until you realize the paperwork itself is hiding a secret.Before Eron Mortgage became the headline for Canada’s biggest Ponzi scheme, it was just another name in British Columbia’s finance scene. This was the early nineteen nineties, where private mortgage lending looked too dull, too safe, to ever become a disaster. Investors wanted yield but not excitement. They wanted something tangible—real estate, bricks, and land. And they were met with a business model that seemed tailor-made for cautious Canadians.Aurelius and Malik take on this case in full — 5 chapters, 31 minutes, one complete story.Learn more at: https://thefraudarchive.com/fraud/eron-mortgage The Fraud Archive Dialogues is part of The Archive Network by Jonkai Ventures. In every episode, curators Aurelius and Malik take one case of fraud, deception or financial crime and work through it together — one building the account, the other pressing on what it leaves out. The Archive Network is an independent project. Everything is free, with no ads and no paywalls. Support doesn't unlock anything; it simply keeps the work going: https://thearchivenetwork.com/support Explore this archive: https://thefraudarchive.com Discover more archives and stories: https://thearchivenetwork.com Hosted on Acast. See acast.com/privacy for more information.