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Former Calgary Re/Max brokerage owner kept Ponzi scheme secret from RECA, says Alberta’s top court

Summary by REM | Real Estate Magazine
Pat Hare, owner of the Calgary brokerage that employed Ponzi schemer Eric Drinkwater, not only failed to report the illegal activity, but also advised the fraudster against coming forth himself, a judge has ruled.~ In a decision of the Court of King’s Bench of Alberta dated April 24, Justice Barbara Romaine found Hare, a Realtor of more than 40-years, knew about the multi-million-dollar scheme as far back as 2022. Last week, Re/Max announced it …
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REM | Real Estate Magazine broke the news in on Monday, June 2, 2025.
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