Mortgage investors blame broker for $200K loss

The death of an Ontario mortgage broker has opened a wellspring of allegations she mismanaged millions in mortgage investment funds, leaving many in her small community confused and disillusioned.

At least one of those clients alleges Tammy Robinson encouraged him and others to invest in short-term mortgages, ostensibly for bridge financing and with the promise of returns as high as 15 per cent. He was also given signing bonuses.

Robinson was found dead last month after having been reported missing. Police are calling her death "unsuspicious."

The private lending in question was done independent of the broker network Robinson was affliated with.

The terms of those loans were outlined in promissory notes, says one investor, and while his earlier investments met his expectations, more recent ones -- for a total of $90K -- did not.

The investor would ultimately report Robinson to the OPP, after a lawyer's letter failed to win a return of the funds.

Robinson was last heard from by family on the morning of March 10, before she left for work in Collingwood.