Daniel P. Reeve: Timeline of events
Published Friday, July 27, 2012 5:20PM EDT
Last Updated Friday, July 27, 2012 5:28PM EDT
Daniel P. Reeve, the former financial advisor turned real estate investor turned life coach has been the target of an intense investigation by the Waterloo Regional Police Fraud Division for more than three years.
Police say the number of victims is about 175 with complaints worth $30 million.
Here’s a timeline of the alleged incidents:
2006 - Reeve loses his financial services licence.
2009 - Police get involved in the investigation of Daniel P. Reeve. Millions of dollars of civil claims are filed in courts from Windsor to Toronto.
April 2009 - The Waterloo Regional Police Service’s Fraud Unit receives at least 20 complaints connected to Reeve.
May 2009 - The Financial Services Commission of Ontario bans Reeve and his companies DPR Financial Inc. and Millionaire Mortgage Inc. from doing business with investors permanently.
July 2009 - The number of complaints multiplies to 105. Total losses are estimated at $22 million.
Late 2009 - Reeve opens another business “my-perfect-mortgage.org.” The Financial Services Commission of Ontario shuts it down almost immediately.
March 2011 – Some investors have gone to court and won civil suits, but have not received money.
Thursday, July 26, 2012 – Daniel P. Reeve is arrested in Collingwood, Ont.. He is charged with defrauding the public and theft over $5, 000.
Friday, July 27, 2012 – Daniel P. Reeve makes a court appearance in Kitchener, Ont. and is remanded in custody.
Monday, July 30, 2012 – A bail hearing is scheduled, but was rescheduled.
Friday, Aug. 31, 2012 - Bail hearing delayed again for another month.
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