After receiving $15M bill, Victoria contractor learns of unwitting connection to investment scandal | CBC News

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Devin Hutchinson was shocked to receive a demand for payment for more than $15 million in loans he never received from a man and company he had never done business with.

Greg Martel has not been co-operative with court and receivership proceedings trying to recover missing investor funds from his company Shop Your Own Mortgage.

"It's been a shock ... But we have absolutely nothing to hide," said Hutchinson, who co-owns the company with his dad. Devin Hutchinson, left, and Scott Hutchinson, co-owners of Victoria's Hutchinson Contracting, were shocked to receive a demand for loan repayment of $15 million. "Apparently there were investments made for us to complete two custom homes for $5 million each and another one for something else," he said.In an email to CBC last month, MartelAccording to clients, Greg Martel, sole director of My Mortgage Auction Corp., went online on a number of occasions to try to calm investors who were owed money.

 

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