this post was submitted on 28 Jun 2024
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Missaghi and Samira Yousefi were shot and killed at Missaghi's Toronto office last week by a man named Alan Kats, who then killed himself. Kats's widow, Alisa Pogorelovsky, said her husband "could not handle losing our life savings, and that is what led to this tragic event."

Earlier this year, the couple sued Missaghi, Yousefi and others after losing $1.28 million in an alleged mortgage fraud.

CBC Toronto reviewed hundreds of pages of court records and found two dozen lawsuits against Missaghi and others claiming more than $90 million over 20 years, as well as police reports, criminal fraud charges and that two of Missaghi's lawyers had lost their licences. Despite all this, Missaghi was never convicted, sanctioned or found liable of any of his alleged serial frauds before his death.

Peter Smiley, a Toronto civil lawyer who started working on cases against Missaghi in 2018, said last week's tragedy "was the almost-inevitable result of decades of institutional inaction."

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