Martel is facing a number of lawsuits from investors, including one saying the Victoria businessman owes an Alberta company $17 million.
Just days ago, Martel’s company, Mortgage Auction Corporation – which oversees Shop Your Own Mortgage – was placed in receivership by B.C.’s Supreme Court.In another new civil lawsuit, Acvica Consulting, which is a Victoria engineering consulting firm, claims it is owed more than $500,000."The defendant has not wrongfully handled, misappropriated, embezzled, disposed of, or destroyed the plaintiffs’ monies."CTV News also reached out to several law enforcement agencies.
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