More charges laid in alleged condo fraud

A lawyer who duped retail and residential investors in Toronto is now facing 426 charges in relation to alleged condo fraud.

Meerai Cho had been facing 75 counts of fraid, possession of property obtained by crime and breach of trust since last August. Another 351 charges have been added after new complainants came forward.

Buyers lost a total of $14.9 million in a mixed-used building that never went up. The 14-storey hotel and 30-storey residential tower with commercial space was allegedly planned for development on a lot at Yonge St. and Finch Ave.

The complainants said they gave Cho deposits in 2012 but were told in 2014 that the plans for the building had fallen through.

Cho promised that the deposits would be returned but the buyers said she filed for bankruptcy shortly after.

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