$ 19 Million Settlement Reached in Canada USA Hedge Fund Case settlement with Cayman Islands company

Jan 31, 2008 Full story: www.law.com 162

... Offshore Fund. In November, a federal grand jury handed up an indictment charging Eustace, now of Oakville, Halton, GTA Greater Toronto Area, Ontario, Canada, with commodities fraud.

Eustace is currently in Canada and has not yet agreed to surrender to U.S. authorities to face the ...

Shannon P. Duffy The Legal Intelligencer February 1, 2008 The court-appointed receivers for a defunct King of Prussia, Pa., hedge fund that allegedly defrauded its clients out of more than $200 million have struck a $19 million settlement with a Cayman Islands company that served as the fund's administrator....

Halton Region The settlement with UBS Fund Services comes on the heels of a $75 million settlement struck in December with Man Financial Inc., now known as MF Global Inc., which served as the merchant for the hedge fund.

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more scams

Toronto, Canada

#2 Feb 1, 2008
Garrick is already facing 16 fraud charges in connection with a scheme that victimized several players on the CFL's Toronto Argonauts, several of who lived in Mississauga, and six more charges that were filed after a man claiming to own the former Mississauga IceDogs hockey team cheated four people.
In November, according to Halton Regional Police, a man who claimed to be a successful businessman who had made millions of dollars playing the stock market "ingratiated himself" with four people over the course of several months with promises to help them achieve similar success with their money.
He claimed to own the Ontario Hockey League's (OHL) old Mississauga IceDogs, who have since relocated to St. Catharines, and a percentage of a computer service known as Google Inc. He also maintained he had attended an Ivy League School in the United States to become a doctor.
more scams

Toronto, Canada

#3 Feb 1, 2008
A 37-year-old Oakville man accused of posing as the owner of a Mississauga hockey team to defraud four people is facing more charges in connection with a real estate scam in the U.S.
At the Beginning of Jan 2008 or around Dec 2007, Toronto Police Fraud Squad officers said they had arrested the same man in connection with a fraud investigation south of the border. Investigators allege that, in November of 2007, a man attempted to defraud a real estate office in Greenwich, Connecticut, through the purchase of property there.
been burnt

Hamilton, Canada

#4 Aug 7, 2008
I have been awarded the maximum for Small Claims court in Halton against Walter Garrick. He earned my trust and my family. Be aware, do not trust this person.
Tavon Austin

Baltimore, MD

#5 Oct 16, 2008
Should hav investd in drugs
KVGordon

Toronto, Canada

#6 May 28, 2009
been burnt wrote:
I have been awarded the maximum for Small Claims court in Halton against Walter Garrick. He earned my trust and my family. Be aware, do not trust this person.
Turns out Walter Garrick may not have billions but he is up there. Turns out he does know alot of powerful people.\

Turns out this guy maybe railroaded. He has done a lot of good for 15 yrs. I dont know what happened to him.

“Continually Updated from Net”

Since: Jan 07

A PBS place in an MTV world

#7 Jun 8, 2009
been burnt wrote:
I have been awarded the maximum for Small Claims court in Halton against Walter Garrick. He earned my trust and my family. Be aware, do not trust this person.
was there ever a news story printed ?, many aren't

“Continually Updated from Net”

Since: Jan 07

A PBS place in an MTV world

#8 Jun 8, 2009
Tavon Austin wrote:
Should hav investd in drugs
many Drug Dealers in USA gave up that line of work to be Mortgage Brokers before the Crash
Close Source

Toronto, Canada

#9 Aug 5, 2009
I've known Walter for at least 20 years..this guy is nothing but bad news!! If there is anyone out there that trusts him or his family, you need to have your head examined. He is a scammer, he is a liar, he will cheat you out of house and home and doesn't care who he hurts getting there. Be careful walk on the other side of the street if you see him coming. Definitely not a person to be trusted!!!!!

“Continually Updated from Net”

Since: Jan 07

A PBS place in an MTV world

#10 Aug 25, 2009
a Good Walter

www.CAFR1.com

Walter Burien -
YYShon

Toronto, Canada

#11 Sep 12, 2009
more scams wrote:
A 37-year-old Oakville man accused of posing as the owner of a Mississauga hockey team to defraud four people is facing more charges in connection with a real estate scam in the U.S.
At the Beginning of Jan 2008 or around Dec 2007, Toronto Police Fraud Squad officers said they had arrested the same man in connection with a fraud investigation south of the border. Investigators allege that, in November of 2007, a man attempted to defraud a real estate office in Greenwich, Connecticut, through the purchase of property there.
They actually dismissed the case against him. Turns out the officer lied and said he violated his bail conditions. His lawyer said he bought the house for 13.5million and he was looking at the house for his family. Turns out the house that was 28m was actually sold for the 13.5million and the people that owned it ( it was a new house) They are being sued. Bottom line the guy is innocent. I wonder who is paying these people. There is a guy that stole 50million or how about Paul Eustace who stole 250 million and they are out on 30 thousand and 50 thousand dollar bail respectively. Weird...no pictures , no media hoop law. The officer must really be trying to make a career. He lied in court and put it in the papers. I hope Garrick turns around and sues him. If he is guilty of anything else then he should just pay it back but something doesnt make sense
ScIam closer

Toronto, Canada

#12 Sep 12, 2009
Close Source wrote:
I've known Walter for at least 20 years..this guy is nothing but bad news!! If there is anyone out there that trusts him or his family, you need to have your head examined. He is a scammer, he is a liar, he will cheat you out of house and home and doesn't care who he hurts getting there. Be careful walk on the other side of the street if you see him coming. Definitely not a person to be trusted!!!!!
That is weird. I have known Walter since he was 3yrs old. He is actually 30 now. I know his inner circle and I know his business in the states and I konw his friends. He has six of us as far as I know. We would have given money if he needed it or wanted and all of us...well lets just say I am sure many of you have used out product. He did not need to steal anything and even now if he needed my help I would give it but he has refused. I have only seen him generous. If things didnt work out for you ,I dont know what that is about but I would know who has a problem with him that has known him for that long.
Max

Vancouver, Canada

#13 Sep 16, 2009
YYShon wrote:
<quoted text>They actually dismissed the case against him....
where can i find more information about the case being dismissed and more telling facts about his financial status.

i don't believe the articles are telling the whole truth.
Josef

Etobicoke, Canada

#14 Oct 16, 2009
This guy, Walter, I have known him for 10 years. He has been nothing but a complete ass for most of that time, but I like the truth. He has been in an out of the hangar on the jet the last 7yrs. He is demanding but what I witnessed he is really demanding on himself. I know he is successful or was because I have seen his car(s) often and the jet often. I know how much it is to travel on it by himself or with what looks like security.
I have been watching this closely. I saw in the article at his word cars arrived....weird the owners of that dealership must have had a good relationship with him to just send millions of dollars at the mention of his name.
I saw Clemons hugging him twice outside the courtroom , didnt look like he had lost any respect or that they had animosity. It was strange, like has anyone checked this Kenny guy. I found a article on him. http://findarticles.com/p/articles/mi_m0EIN/i... . How much money could he have made as an actor, when he is stealing money. Now his name is everywhere with this, almost like a self promotion.
I also think it is strange I never saw Kenny or any of the Argos except Clemons once in all those several years. So suddenly their 400 thousand paid for everything? Maybe he did , maybe it didnt but the other thing is weird is that he stayed at all of these places ,did all of this stuff, seems to me he would be really stupid if the goal is to steal....The guy got into Columbia...did he suddenly go dumb? So dumb he cant do math....? So clothes, watches , jet, cars, expensive dinners, he definately has staff all part of a plan to steal 400 thousand dollars....something is strange.....really strange!
Close Source

Toronto, Canada

#15 Oct 19, 2009
ScIam closer wrote:
<quoted text>
That is weird. I have known Walter since he was 3yrs old. He is actually 30 now. I know his inner circle and I know his business in the states and I konw his friends. He has six of us as far as I know. We would have given money if he needed it or wanted and all of us...well lets just say I am sure many of you have used out product. He did not need to steal anything and even now if he needed my help I would give it but he has refused. I have only seen him generous. If things didnt work out for you ,I dont know what that is about but I would know who has a problem with him that has known him for that long.
Maybe you have a different Walter...My parents and his parents are good acquaintances/friends. Walter Garrick in Oakville, Ontario is about 39 years old today!!...He lies, cheats and steals.
YShon

North York, Canada

#16 Nov 8, 2009
That is very odd again. I am speaking of Walter Garrick formerly of Oakville as well. Again you seem fixated on him. I am a close family friend and we dont know who you are. So , you should stop claiming to be close to a family that is very tight for whatever your purpose is.

One Year and a half years of a mans life do not define him. The man I know , is not the person you are on a campaign to smear. Being arrogant , even confident is not a crime. Have you read the article that this chat is supposed to be about. Interesting no one is commenting on that.
PrimeTime

Oakville, Canada

#17 Jan 29, 2010
Walter Garrick is a con man without a doubt.I have had first hand experience with him and his schemes and that is his forte'. What goes around comes around Walter...let's see if your smiling when we see one another again... in this life or the next... You will pay..!
JAY

Hamilton, Canada

#18 Mar 14, 2010
Does anyone know if Walter is still living in his Toronto mansion? or is he still staying at his parents on bail conditions? I have had experiences with Walter similar to the football players and the DR. We hung out a bunch of times at his parents house on Sixth Line.. never seen him outside of there, even though he claims to make trips to Manhattan and Quebec on his private jet to meet with his employee's at Ginch Gonch.. the company he aparently owns. I was just wondering if any of the thing's he said were true, so any type of reply would be cool.

oh and lastly does anyone know what is currently happening with this case? I cannot find anything on the net for 2010 and I have a feeling what I have been told is not true.

thanks.
JAY

Hamilton, Canada

#19 Mar 16, 2010
and who else thinks Yshon is walter trying to defend himself? such a walter thing to do
ryerson guy

Mississauga, Canada

#20 Mar 17, 2010
JAY wrote:
and who else thinks Yshon is walter trying to defend himself? such a walter thing to do
According to my last encounter with him he was supposedly living in Toronto's Bridal Path. He never had time to show me any of it but managed to find the time for 6 hour conversations on the phone.

Walter or "Ben" is a bucketful of crazy whether or not he was telling the truth.
JAY

Hamilton, Canada

#21 Mar 17, 2010
how did you know him? if you dont mind me asking

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