Lawyer sentenced in condo fraud case
A Toronto real estate lawyer has been sentenced to 31⁄ years in pris
2 on after pleading guilty of defrauding condominium buyers of more than $2 million.
Meerai Cho was charged in August, 2014, with 25 counts each of fraud over $5,000, possession of property obtained by crime and breach of trust.
Cho, 66, was working as a lawyer on behalf of the Centrust Group, and accepted deposits from buyers during the pre-construction of a residential building at 5220 Yonge St. that was never built.
The money wasn’t returned and the loss is in excess of $2 million, police say.
Cho pleaded guilty and was sentenced Wednesday.
Police are urging victims in this case to contact the The Law Society of Upper Canada compensation fund if they haven’t already.