Peter Corbiere, a 67-year-old man from the Niagara Region, pleaded guilty to defrauding two Ontario entrepreneurs out of $52,000. He promised them millions in financing for fees but failed to deliver the loans. Corbiere previously had a troubling history with multiple victims, requiring upfront lenders' fees. His fraudulent activities included soliciting substantial payments from victims such as Don Nott, who aimed to finance a new business. Corbiere claimed personal difficulties due to his wife's illness were factors that led to his actions.
Peter Corbiere has admitted to defrauding two Ontario entrepreneurs of $52,000 by promising millions in financing in exchange for fees. He pleaded guilty to fraud charges.
Corbiere's fraudulent schemes involved presenting himself as an expert who would arrange large loans, but he never provided the promised financing after receiving fees.
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