Victoria’s businessman Greg Martel has been in the mortgage and banking industry for more than two decades. His company, Shop your Own Mortgage, was launched in 2016, promising to streamline the mortgage process and offering private lending opportunities — but now it appears to have hit a major hurdle.
“I invested a large sum of money and everything was going good up until the last six months where there was delayed interest payments,” he said.“I know I have a friend who’s a single mom, and she’s invested most of her life savings into Greg Martel’s mortgage fund and she’s now faced with the prospect of getting a lawyer and she’s losing sleep at night.”
“I know a lot of people probably want to nail me to the cross right now as far as lack of information and missing dates and people establishing timelines and me not meeting the timelines,” Martel told the group via video.