A B.C. Supreme Court ruling is expected to speed up efforts to recover millions for victims of a Kelowna real-estate fraud scheme after the alleged organizer died before the case could go to trial.

Curtis Gordon Quigley was accused of taking more than $8.3 million from dozens of investors over 12 years through a scheme that promised high returns from real-estate flipping. By the time he was declared bankrupt in June 2020, some investors had reportedly handed over their life savings.

Quigley died near Okanagan Falls in June 2024, before the fraud and money-laundering case against him could be heard in court. Charges against Quigley and co-accused Kathleen Treadgold were later stayed, leaving more than 70 creditors with limited options to recover their losses.

A court-appointed insolvency trustee has recovered approximately $528,000 through the sale of Quigley’s assets, including a boat, motorcycle and his interest in a Kelowna home. The trustee also recovered $1.4 million from 28 investors who received more money from the scheme than they had originally contributed.

The trustee is now seeking approximately $2.5 million from 12 additional investors described as “net winners.” Justice Shelley Fitzpatrick approved a streamlined process that allows the estate to pursue those funds without launching lengthy and costly civil lawsuits.

The ruling could allow more money to be returned to victims in the coming months. For investors who lost their savings, the decision offers a clearer path toward recovering at least part of what was taken.

The post B.C. Court Speeds Up Recovery Effort for Kelowna Fraud Victims appeared first on Canadian Fraud News Inc. | Fraud related news | Fraud in Canada.

Originally published on Canadian Fraud News.