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McKenzie says she lost $330,000 to Martel's swindle. She agreed to appear on the Discovery Channel series on the condition she wouldn't have to speak his name.
...
Between 2018 and 2023, Martel took in $301 million from investors and paid out $210 million, according to court-appointed receiver and bankruptcy trustee PricewaterhouseCoopers (PwC). They say he blew the remaining $91 million on options trading losses, other failing business ventures, and to pay for his extravagant lifestyle.
Martel attracted investors by promising sky-high rates of return, sometimes as high as 100 per cent on an annualized basis.
...
Between 2018 and 2023, Martel took in $301 million from investors and paid out $210 million, according to court-appointed receiver and bankruptcy trustee PricewaterhouseCoopers (PwC). They say he blew the remaining $91 million on options trading losses, other failing business ventures, and to pay for his extravagant lifestyle.
Martel attracted investors by promising sky-high rates of return, sometimes as high as 100 per cent on an annualized basis.
