The Bank of Montreal alleges in court documents filed this week that it is the victim of a massive mortgage fraud, believed to be the largest such fraud in Canadian history.
BMO is suing hundreds of people who it believes helped perpetrate the fraud on the bank, a fraud which the bank says cost it $30 million.
One of those named by BMO in the court documents is Devinder Shory (left), the first term Conservative MP representing Calgary Northeast. The bank says Shory was the lawyer of record for four of the transactions the bank claims were fraudulent.
None of the claims have been proven in court.
I tried to speak to Shory about this claim this evening. Shory was in the House of Commons for several votes at about 5:30 p.m. but he took a route into and out of the House of Commons that allowed him to avoid me and other reporters who wanted to talk to him about this.
Later this evening, his office issued this statement:
“Through media stories, it has come to my attention that I have been named in a civil matter.
I want to state that I have not yet been served with a statement of claim. When I am, I will defend myself vigourously against these accusations. I have done nothing wrong.
As the matter is before the courts, I have no further comment at this time.”