The RCMP are sifting through thousands of pages of documents to decide whether to pursue criminal charges in what is being touted as Canada's largest mortgage fraud case ever.
Over 35,000 pages of documents have already been handed over to the investigators with more expected to come.
A CBC story yon May 10, 2010 cited sources as saying the Bank of Montreal was told by authorities they were not pursuing the case, but RCMP spokesperson Sgt. Patrick Webb said that is false.
"We are still assessing thousands of pages of documents and we won't know until we are done," Webb said. "But to say that we have decided not to pursue the case is false."
The Bank of Montreal has filed a massive lawsuit accusing hundreds of Albertans - including Tory MP Devinder Shory - of an alleged $70-million mortgage scheme.