Dec 9, 2023 · On April 11, 2023, a default judgment was handed down against Grozelle in Hamilton saying he owed The Applicants “in excess of $40 million” and ordering him to pay them back.

Feb 21, 2025 · He is suspended with pay and under investigation in connection with an incident involving another Grozelle investor. The exact allegations are unclear and he has declined to speak …

Feb 22, 2024 · Last year, the court ordered him to pay back $40 million to his three largest creditors, who accuse him of running “a complex international Ponzi scheme” using new loans to pay old …

Grozelle advised the Receiver that he was not able to act as director or have a direct interest (on behalf of his Lenders) in the investments and related Transferee Entities on account of his personal …

On September 11, 2024, the Receiver assigned Grozelle into bankruptcy pursuant to the authority to make such assignment that was included in the Receivership Order.

Dec 9, 2023 · On April 11, 2023, a default judgment was handed down against Grozelle in Hamilton saying he owed The Applicants “in excess of $40 million” and ordering him to pay them back.

Dec 30, 2024 · Almostfamo­us Burlington musician Doug Grozelle is at the centre of one of the largest private bankruptcy cases in Hamilton history. In 2023, the court ordered him to pay back $40 million …