Home Economics Businessman In Bitter Dispute With Canadian Billionaire Over Failed Casino Deal Arrested In Dominican Republic

Businessman In Bitter Dispute With Canadian Billionaire Over Failed Casino Deal Arrested In Dominican Republic

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

Businessman in bitter dispute with Canadian billionaire over failed casino deal arrested in Dominican Republic

A Canadian businessman embroiled in a bitter dispute with one of Canada’s wealthiest men over a US$112-million investment in Caribbean casinos has been jailed in the Dominican Republic, officials say. Glenn Lowson/NP/Files Billionaire Michael DeGroote was caught up in a bizarre case of a soured investment that drew in a cast if characters, including Montreal mobster…

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.