Ponzi scheme victims name Royal Bank, B.C. financial services regulator in class action lawsuit

Ponzi scheme victims name Royal Bank, B.C. financial services regulator in class action lawsuit

Three men who lost money to Ponzi schemer Greg Martel have filed a class action lawsuit claiming the bank and the regulator "enabled the [Ponzi] scheme to persist unchecked for years, resulting in massive and avoidable investor losses."

Investors duped in $300 million Ponzi scheme sue Royal Bank, B.C. financial regulator

Three investors, Andy Todd Wilson, Dustin Frank Renz, David Cumby hope to have claim certified as class action for more than 1,200 investors

Class action sought against financial agencies in Greg Martel's 'Ponzi scheme'

Three investors in Greg Martel's Ponzi scheme are suing the Royal Bank of Canada and the B.C. Financial Services Authority as they hope to have their claim certified as a class action lawsuit.