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A pre-construction condo deal goes criminally bad

By Steve Kupferman
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$14,900,000 —The approximate amount of money allegedly stolen from people who put pre-construction deposits on units in Centrium at North York, a condo and hotel complex that still hasn’t been built on its vacant lot near Yonge and Finch. The Star reports that Meerai Cho, a lawyer who was supposed to be holding the deposits in trust, has been charged with 25 counts each of fraud, possession of property obtained by crime and breach of trust.

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