“The scope was unreal”
Andre Muran
Guiding hand in multiple fraudulent schemes
including straw man mortgage fraud deals
that soaked lenders for $23 million.
Between the late 90’s and 2010, it is
estimated that between 3 of his schemes, all
based out of resort properties he controlled
in Canmore AB, his operations took
corporations, lenders and consumers for
more than $145 million dollars.
Image circa 2001
Little known, but interesting...
Andre Muran is brother to Bob Muran- World renowned competitive skier
who has appeared on the Discovery Channel, Johnny Carson and more.
He currently operates the Island Princess in Toronto’s harbour.
Learn more about Bob Muran
Andre Muran
Though the trouble began
long before, Chateau
Canmore property went
into receivership in 2008
The Banff Gate Mountain
Lodge and Spa, built circa
2001 became the home
base for the scam.
Though it continued
operating, the corporation
was struck from the
corporate record in 2008.
Foreclosures followed.
Quick Facts
Elevations was a scam
that bilked investors out
of $40 million. It was
never more than a
collection of slick
marketing materials.
© L.Goodwin 2011-2012