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Old 12-19-2016, 01:43 PM   #1
OMG!WTF!
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Default Shooting in Lower Mount Royal
Seems like this guy has been Donald Trumping his way to personal riches in the real estate world for some time in Calgary. Might have just cashed the wrong check....

http://www.cbc.ca/news/canada/calgar...ting-1.3903061
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Old 12-19-2016, 01:52 PM   #2
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I'm guessing this goes back to Platinum Equities.
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Old 12-19-2016, 01:57 PM   #3
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Seems like this guy has been Donald Trumping his way to personal riches in the real estate world for some time in Calgary. Might have just cashed the wrong check....

http://www.cbc.ca/news/canada/calgar...ting-1.3903061
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Old 12-19-2016, 01:58 PM   #4
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It's probably drug addicts.
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Old 12-19-2016, 02:01 PM   #5
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It's probably drug addicts.
Nothing to do with drugs at all.
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Old 12-19-2016, 02:01 PM   #6
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I'm guessing this goes back to Platinum Equities.
Oh yeah it does. I didn't know that. What a scum bag...

http://www.canadianbusiness.com/inve...am-in-alberta/

"We're victims just like the limited partners". Except you own all the properties for the value of the firsts you held. Man that's dirty.
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Old 12-19-2016, 02:02 PM   #7
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Nothing to do with drugs at all.

But probably.
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Old 12-19-2016, 02:03 PM   #8
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I posted a new thread about the same time, mine can be deleted. Here were my comments:

Riaz Mamdani of Strategic Group was shot this morning. http://calgaryherald.com/news/crime/...ed-to-hospital

The news article linked suggests the motive for the attack is not known, but then mentions he's alleged via lawsuits to have caused or contributed to investors losing hundreds of millions.

Reports are he is going to survive the attack.

Over the years I've heard from disgruntled investors in Concrete Equities, Platinum Equities, etc., and it was always in my mind that given the sheer number of people who claim to have been wronged, for so much money, sometimes even life savings, it was only a matter of time until someone goes over the edge and physically attacks some of the people alleged to have caused those losses.

I forgot about this for a long time, and didn't know there were two class action proceedings going forward.

It could be one of those many Plaintiffs had something to do with this. I don't condone trying to kill or hurt him in any way, but I can not say I'm surprised either.
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Old 12-19-2016, 02:03 PM   #9
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But probably.
N/M inappropriate insult.
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Old 12-19-2016, 02:05 PM   #10
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He's repeating a joke from a different thread.
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Old 12-19-2016, 02:06 PM   #11
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It's probably drug addicts.
Thanks for trying to make this a thing.
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Old 12-19-2016, 02:06 PM   #12
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It's probably drug addicts.
I'm going with Mexicans.
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Old 12-19-2016, 02:06 PM   #13
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He certainly ticked off his fair share of people on the industry over the years, although I will say that Strategic's reputation has been improving somewhat recently.
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Old 12-19-2016, 02:13 PM   #14
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It amazes me that the Concrete/Platinum guys could steal hundreds of millions of investor money and never face a criminal charge. Those Lucid guys eventually got criminally charged for their 20+ million frauds but only got a joke of 9 months house arrest and a seven year securities ban.
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Old 12-19-2016, 02:13 PM   #15
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I'm seeing there are lots of articles on this stuff that posts more than I ever heard. For those interested:

http://www.jasondunn.com/files/Alber...e-Equities.pdf

https://ca.finance.yahoo.com/news/co...investors.html

http://albertaventure.com/2012/11/pl...om-the-get-go/

In that last article, note the firm involved is also associated with Byron Nelson, currently running for the Alberta PC leadership.
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Old 12-19-2016, 02:17 PM   #16
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This is shaping up to be Calgary's very own who shot Mr.Burns!
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Old 12-19-2016, 02:18 PM   #17
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I've met Riaz Mamdani a few times through our business with his company. All I can say is that whenever I have dealt with him he's been nothing but a gentleman and extremely professional.

My thoughts go out to him, his family and all of his colleagues at Strategic Group.
Last edited by J pold; 12-19-2016 at 02:23 PM.
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Old 12-19-2016, 02:23 PM   #18
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But is his Rolls Royce OK?
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Old 12-19-2016, 02:28 PM   #19
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I've met Riaz Mamdani a few times through our business with his company. All I can say is that whenever I have dealt with him he's been nothing but a gentleman and extremely professional.

My thoughts go out to him, his family and all of his colleagues at Strategic Group.
He comes across as very graceful and intelligent, no doubt about it. And I don't know anything actually bad about him other than what has been alleged. There are a lot of people who claim by fraudulent means he with others defrauded hundreds of millions. That doesn't mean its true. This is going to be a story to follow.
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Old 12-19-2016, 02:29 PM   #20
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It amazes me that the Concrete/Platinum guys could steal hundreds of millions of investor money and never face a criminal charge. Those Lucid guys eventually got criminally charged for their 20+ million frauds but only got a joke of 9 months house arrest and a seven year securities ban.
Blaine Kennedy and Adam Drybrough. Their punishment never fit their crimes.
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