“I’m OK, because I diversify my investments so one wasn’t going to take me down,” he said. A class-action lawsuit was launched in 2010, but after Bradley and Becker declared bankruptcy, there were no assets to recover, Kubke said. One of those investors, Calgary’s Robert Kubke, said he lost “many thousands” of dollars while he knows of others who lost even more. Bridgecreek Develop.Īccording to RCMP, more than 800 investors - the majority of whom are from Alberta - lost money on the Crowsnest Lake project. Photo supplied by Bridgecreek Development Corp. Aerial view of the proposed land where Bridgegate on Crowsnest Lake in Crowsnest Pass was to be built. By 2009, Bridgegate was defaulting on interest payments to investors and in 2011, both Bradley and Becker declared personal bankruptcy. Neither did a proposed Bridgecreek development in California, while in Canmore, a development called Bighorn Resort started construction but was never finished. The Crowsnest Lake project, like Bridgecreek’s other proposed Blairmore development - the $400-million River Run condo and hotel development - never got off the ground. This advertisement has not loaded yet, but your article continues below.
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