Quote:
Originally Posted by curves2000
It's not bizarre at all, it literally is happening.
Another popular scam is to help fund a commercial real estate purchase with money from Business Development Canada. An investor goes through the program for the opening of a business, say a new pizza restaurant, get's some financing and grant money, operates shop for a short while and then potentially folds the business using the grant money to assist with the purchase of a real estate deal. Proceeds to then use the unleased space for the above mentioned visa program or for legit purposes.
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Is this why the former Ed's Restaurant on 17th has it's like 7th tenant in 8 years?