BC Mortgage Broker Under Investigation Has Sealing Order Denied, New Details Emerge

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BC Mortgage Broker Under Investigation Has Sealing Order Denied, New Details Emerge
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The investigations surrounding Gregory Joseph Martel remain ongoing as various authorities continue to unpack the workings of his company, and the situation is not improving for him. realestate realestatenews mortgagefraud mortgage BC

PricewaterhouseCoopers has also since assigned MMAC into bankruptcy, with proceedings currently ongoing, and Martel is now also the subject of a lawsuit filed in Nevada and potential criminal proceedings in the United States, where My Mortgage Auction Corp also operates in California, Colorado, Florida, and Texas.

In its report, PwC detailed what it has been doing since its last report in June, which included obtaining banking information and account information as it relates to Martel's accounts at Chase -- the American national bank -- and Coinbase -- the popular cryptocurrency trading platform . PwC also provided updates on aspects of the investigation focused on the digital platforms My Mortgage Auction Corp used to conduct business, including Filogix -- a Mississauga-based software company that offers solutions to mortgage brokers -- and Xero -- a cloud-based accounting software company.

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