Calgary men convicted of fraud in sales of B.C. resort property

In her decision, Justice Rosemary Nation detailed a business project that began legitimately in 2007 with McMorran's Marcer Ranching Ltd. seeking to develop four plots of land on a 296-acre property known as Sweetwater Resort on Lake Koocanusa

Two Calgary men have been convicted of defrauding people who mistakenly thought they were legally purchasing property at an RV park in southeastern B.C.

Craig McMorran and Gus Kalabalikis, also known as Kosta, are both guilty of fraud in a scheme that scammed about 85 customers of a total of $2 million between 2014 and 2017, concluded Court of King’s Bench Justice Rosemary Nation in a Sept. 20 ruling.