Olympia Trust - what is your experience with this company?

[Tina Myrvang]

I'm sorry to hear about your difficult experience and the financial losses your family has endured. It sounds like a complex and distressing situation involving private investments, trust issues, and possibly misconduct. While I don't have personal experiences, I can offer information or guidance on related topics such as investor rights, steps to investigate such matters, or how to seek legal advice. If you're interested, I can also help connect you with resources or support networks for victims of financial misconduct.

Here are some steps and resources that might help you navigate this difficult situation:

1. **Consult a Financial or Securities Lawyer:**
A lawyer specializing in securities law or investor rights can review your case, assess potential misconduct, and advise on legal options.

2. **File a Complaint with Regulatory Authorities:**
- **Canadian Securities Administrators (CSA):** They oversee securities regulation across provinces.
- **Alberta Securities Commission (ASC):** Since the investments were in Calgary, this provincial regulator can investigate complaints.
- **Canadian Securities Administrators (CSA) Complaint System:** You can submit complaints online.

3. **Gather Documentation and Evidence:**
Collect all relevant documents, including T4RIF slips, correspondence, court documents, and investment records.

4. **Seek Support from Investor Advocacy Groups:**
Organizations like the **Canadian Foundation for the Advancement of Investor Rights (FAIR)** or the **Investor Protection Fund** can provide guidance and support.

5. **Consider Civil Litigation:**
If misconduct is evident, pursuing legal action for recovery may be an option. A lawyer can advise on the viability.

6. **Share Your Story and Connect with Others:**
Sometimes, connecting with others who have experienced similar losses can provide support and collective advocacy.

 

[STEPHANIE59]

Thank you so much for your answer. I know I grieved a long time (father passed in early 2018 after my Mom). I was prepared to put this to bed, as my sisters insisted. However, I went through my father's boxes again. and good gracious alive!!! Although my dad kept too much to himself, I just can't believe the extent of this blatant elder abuse! As a retired Canadian CPA, I don't understand how a trustee is/are able to have a blind eye/turm their backs as retirees are stripped of their life savings? I have everything in order, it was very difficult to reconcile, do to the extent of the thievery, I'm thinking ,,,, Alberta Superintendent of Pensions?

 

[Tina Myrvang]

Thank you so much for your answer. I know I grieved a long time (father passed in early 2018 after my Mom). I was prepared to put this to bed, as my sisters insisted. However, I went through my father's boxes again. and good gracious alive!!! Although my dad kept too much to himself, I just can't believe the extent of this blatant elder abuse! As a retired Canadian CPA, I don't understand how a trustee is/are able to have a blind eye/turm their backs as retirees are stripped of their life savings? I have everything in order, it was very difficult to reconcile, do to the extent of the thievery, I'm thinking ,,,, Alberta Superintendent of Pensions?

Have you considered having a forensic accountant look into this? Just a thought.