Former mortgage broker jailed for 4.5 years

A former Calgary mortgage broker was jailed for 4.5 years Thursday after a court found him guilty of 23 counts of theft and fraud last year.

Brandon Antonini, 46, was called “totally unbelievable” by Judge Gordon Wong and said there were no mitigating factors in the case.

"There was no indication of motive other than greed," the judge said.

The CBC reports that Antonini showed no remorse as he was sentenced for the offences which took place over 6 months in 2012 and resulted in mortgage brokerage clients losing $2.4 million in a fake bridge financing scheme. The mortgages that investors thought they were funding did not exist.

Antonini was charged in 2015 along with disbarred Alberta lawyer Floyd Campbell. The lawyer pleaded guilty to one count of theft and was put on probation for two years.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release

Poll

Do you invest in commercial properties?