No more mortgage brokering for former right hand man Vincent Lacroix

Eric Asslin, former right-hand man of Vincent Lacroix at the time of the Nürburg scandal and who today presents himself under a pseudonym, can no longer practice the profession of a mortgage broker, the Administrative Tribunal for Financial Markets (TMF) decides.

Autorité des marchés Financiers (AMF) filed an application against Jean-François Soucy, Eric Asselin and Groupe Courtier Expert inc. (the “defendants”) in this case.

According to the AMF, Jean-François Sussy will encourage and allow the illegal exercise of the activity of a mortgage broker or mortgage brokerage firm by Éric Asselin and Groupe Courtier Expert inc. , as well as tolerating Eric Asselin introducing himself as another name, Éric Gagnon.

According to the AMF investigation, Mr. Susi had also offered, among other things, mortgage loans disbursed by a private lender in which he had a direct interest (conflict of interest). He also allegedly failed to adequately advise his clients and provide them with all information useful or necessary for their understanding, and he allegedly failed to ensure that the loans offered were appropriate for his clients, according to the AMF.

A scam marked by the province of Quebec

The Nürburgring affair, which happened 17 years ago, still fascinates Quebec audiences and gets people talking about it. Through its excesses, through the light it sheds on greed, and the fine threads that entrepreneurs sometimes have to tread—many of which will fall—this story will have the merit of rekindling Quebecers’ interest in economics, business, and character. Finance.

The Vrai platform presents a documentary series on the underside of the “case”, which to this day remains the most important financial scam in the province.