Latest / Toronto News Today | 2 Min News | The Daily News Now!
Investors Demand Answers from Suspended Planner | Toronto News
Investors in the GTA are sounding the alarm as financial planner Serguei Totrov fails to repay loans and mortgages, leaving dozens—including Victor Sula, who lost $200K—empty-handed. Thirty+ investors, many with court judgments, are still waiting for payments after Totrov promised repayment by March but delivered nothing by July. FP Canada suspended Totrov in May over a history of misconduct, including prior disciplinary actions in 2006 and 2023. Totrov claims he’s a victim of borrowers’ defaults and says a new financing deal will cover all debts by August—but skeptics aren’t buying it after…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.