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

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…

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