A Game of Corporate Snakes and Ladders - HomeEquity Bank
Our primary studio.

Verico the Mortgage Station

Loan Sharks Defrauding Seniors in Simcoe County Now Hiding Behind a Wall of Lies and Deception.

A documentary in production for broadcast and streaming

Five Points Media is a provincially registered media company and community channel.
Studio: 705-828-5605 ~ Production: 416-996-2786 ~ Email jironside@fivepointsmedia.ca

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Our reports and evidence remain 100% uncontested by any identified person.
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This 'threat' was sent by an anonymous coward who feared signing their own name.

Why is the HomeEquity Bank, an asset of the Ontario Teachers' Pension Plan (OTPP), valued at more than $247.5B, working with loan shark mortgage brokers who prey on seniors and veterans, while draining the resources of local charities, and why are they afraid to challenge the evidence and allegations of a small not-for-profit?


UNREFUTED FACTS - CLICK HERE

  1. Our articles have been online throughout the time shown above; however, we have not received a single challenge to our fully-supported alllegations.
  2. All three brokers who are key to this documentary, David Flude, Lisa Purchase, and Renee Dadswell, have admitted in writing to our allegations.
  3. We have made multiple offers for the brokers of Verico the Mortgage Station and their various corporate allies to explain their side of the story.
  4. Despite our multiple offers of détente, not a single representatives of any of these multi-million and multi-billon dollar companies has stepped up.
  5. We have offerred to cancel this documentary, and to delete all articles and videos, if any of the accused can disprove our claims on camera using evidence.
  6. So far, none of them have shown the courage to stand up and disprove our claims, meaning all of our allegations remain 100 per cent uncontested.
  7. These purportedly 'legitimate' companies, who secretly lie to their clients about us, appear so afraid of our evidence they will not challenge our allegations.
  8. If we were not factual in our reporting, any of those corporations could have attained a cease and desist order or other injunctive relief against us.
  9. Instead, all these wealthy corporations seem willing or able to do is hide in the dark and hope that their clients do not learn the truth.
  10. So far, 97% of comments made online or through emails, direct messaging, etc. have been supportive of our exposure of these criminal acts.
  11. The South Simcoe Police Service is subject to pending investigation after omitting evidence and falsify figures to help the wealthy brokers.
  12. The Producer is 35-year media veteran who has worked as an international television news in places like Bosnia and the Middle East, and as the Deputy Editor of a national European newspaper owned by the Washington Times.
  13. The Producer has also passed on that knowledge and experience by teaching at three community and private colleges in Ontario and British Columbia.
  14. The Producer and crew of this expose documentary represent a not-for-profit community channel that since 2014 has donated more than $700,000.00 worth of services to more than 185 local charities, not-for-profits, benevolent special interests groups, and the towns and villages of Simcoe County.
  15. In 2020, at the height of the pandemic, the Producer and crew were nominated for and voted to the highest levels for an award for altruism presented by the City of Barrie and the Greater Barrie Chamber of Commerce.


A Game of Corporate Snakes and Ladders - HomeEquity Bank

It seems that the board of directors at the next Annual General Meeting of the Ontario Teachers' Pension Plan (OTPP) could be playing to a tough crowd

The replacement of Steven Ranson by Katherine Dudtschak as CEO and President of HomeEquity Bank was the last hope for a balanced report of this story. We tried, oh how we tried, to hear their side, but now we will get what we need the old-fashioned way.

So, we turned to W. Mark Squire, the President and CEO of Verico Financial Group Inc., who also told us, in not so many words, to pound salt, claiming our allegations of fraud, usury, and skimming as committed by one of his mortgage brokers was not his problem. Finally, we turned to Yvonne Ziomecki-Fisher, the Executive Vice President Marketing and Sales at HomeEquity Bank, who likewise showed less than half a damn that the reputation and brand of the company she represents was being used by a third-party broker to scam seniors and veterans. Finally, very recently, we reached out to Katherine Dudtschak, the newly appointed President and Pending CEO of HomeEquity Bank through a letter. Despite her reputation for being a stand-up person and contributor to our community, we have heard nothing, not even crickets.

To our disappointment, Katherine Dudtschak's well-crafted persona appears to be a façade through which she hides her true self by manufacturing a mirage of caring within a company that could not care less.

All we have ever asked for of the brokers at Verico the Mortgage Station and their allies at Verico Financial Group Inc. and HomeEquity Bank is an interview, on camera, during which they would have free license to present their counter evidence to our allegations of fraud, con artistry, loan sharking, evasion, cover up, and criminal collusion. We have also offered that if they can do it, and disprove our claims with tangible evidence, we would cancel the documentary, shut down this website, and not post materials on social media. We even offered to apologize for the misinformation they are telling others we are spreading but are not willing to prove to us on camera or in a court of law, which they threatened to do through a contemptuous 'Strategic Litigation Against Public Participation (SLAPP) civil claim' that based on our reply, they backed out of actually filing any civil claim in any court.

Clearly, we cannot get a straight answer from any of these so called 'financial professionals', or anything resembling honesty, so we are taking the story up a notch, climbing the ladder to contact the real power.

We are sure that David Flude never dreamed that the indictable offence of usury, or loan sharking, that was committed by Renee Dadswell with the help of Lisa Purchase, which he admitted he knew about but chose to ignore, would two years later be the subject of serious concern for the board of directors of the HomeEquity Bank. The CHIP Reverse Mortgage they sell is the source of considerable income for the brokers at Verico the Mortgage Station, and just like Lisa Purchase did several times to justify her delaying tactics, David Flude seems quite comfortable with throwing HomeEquity Bank under the bus to evade accountability for the crimes committed by his brokers. Likewise, his decision to help the loan sharking brokers at Verico the Mortgage Station, which David Flude has admitted he knew was happening, could conceivably make him an accessory after the fact as he has for two years tried to conceal an indictable offence that carries with it, upon conviction, a prison sentence of up to five years.

If somebody steals a car and you let them hide it in your garage, you are accountable, so we will be asking the OPP and RCMP "What's the difference?"

Steven Ranson, the former President and CEO of HomeEquity Bank, likely never thought helping a brokerage to defer allegations of criminal and ethical breaches of trust from a client could ever become an issue for HomeEquity Bank, and certainly not for their bosses at Ontario Teachers' Pension Plan (OTPP). However, time changes everything, and as we noted yesterday in our article 'Motivating Members of the Ontario Teachers' Pension Plan (OTPP), we are provoking the assistance of members of the Ontario Teachers' Pension Plan (OTPP) who are less than impressed with the ethical standards of that mega-corporation's board of directors, who are accused of profiting from supplying weapons to Israel who they believe are using them to murder innocent women and children in Palestine through a thinly veiled campaign of genocide. A mutually beneficial union between the compassionate pension holders and our media production team should become a major concern of the board of the mega-corporation, and they will be looking for somebody to blame. Of course, we will be sure to let the board of the Ontario Teachers' Pension Plan (OTPP) know who left us no choice but to seek out an alliance with the very passionate dissenting pension members who are attracting so much interest from their fellow plan members.

Infamy can make you a pariah to influential people who feel no loyalty to some back country broker they don't even know who managed to pull a big favour from a President and CEO who no longer works for them.

Those board members are likely a bit more conscious about their corporate image, especially given recent events at their Annual General Meeting of the Ontario Teachers' Pension Plan (OTPP). That concern will grow when they start getting hundreds of emails from members of the Ontario Teachers' Pension Plan (OTPP), their shareholders, who did not like how they bought into the manufacture of weapons that they claim are being used to murder en masse in Palestine. It seems likely that the writers of articles like "No Profits from Palestinian Death" and "Ontario Teachers and Retirees Demand Divestment from Israeli War Machine" will be very open to collaborating with us to call out the responsible parties, especially if we are working on videos to help their cause.

The brokers of Verico the Mortgage Station have only managed to cover up their crimes because of the misguided support of allies who seemed to feel loyalty to people they had dealt with for many years.

That kind of loyalty is not likely to permeate the massive mega-corporation that is the Ontario Teachers' Pension Plan (OTPP). People have loyalty to those they know, which is not likely the case here, as the board members of this massive corporations may have limited, but most likely no familiarity with David Flude. All they will know is that the former President and CEO at HomeEquity Bank, Steven Ranson, cut some Oka from Muskoka brokerage some slack, and now his leniency is coming back to bite them with no sign of profit coming their way to cover the damage by association that this story is causing to them. They can also see the evidence of the crimes and coverup, our track record of defeating abusive litigation meant to silence our journalistic right to tell the truth, and the truth of our ten years of philanthropy of various kinds. Those very public facts are most likely to generate a collective 'What the F*ck are you thinking?', which sadly will land on the desk of the new President and CEO, Katherine Dudtschak, even though Steven Ranson allowed the Fraudulent Concealment to continue and thus created the steaming pile of sh*t she has now inherited.

We agree it is not fair, but that is how mega-corporations work . . . out with the old, in with the new.

A decision will be made, either by the new President and CEO of HomeEquity Bank, or by her senior counterpart at the Ontario Teachers' Pension Plan (OTPP) mega-corporation that owns the new domain of which she is currently queen. Regardless of who makes it, the result will likely be swift and decisive. The Ontario Teachers' Pension Plan (OTPP) may even choose to sue Verico the Mortgage Station or possibly Verico Financial Group Inc. as a means of feigning innocence, dumping the criminal collusion on the outgoing CEO, and recovering from damage to their brand and public image. As David Flude established when he tried and failed to intimidate us into silence through a proposed abuse of the civil court system, there is no point in suing the highly respected not-for-profit philanthropists who are the victims of these criminal and ethical abuses of trust. They all know we are telling the truth, as all three of the brokers has admitted in writing that they stole money by usury, or loan sharking (Renee Dadswell), (Lisa Purchase), (David Flude). They know we have the evidence, which is why David Flude faltered at the gate when challenged to sue us. They also know due to having been harassed with similar abusive litigation in the past, we can fully prove our claims and establish our right to tell this story. Litigation does not scare us, as we want a ruling of the Superior Court, based solely on the evidence, so we can fully support the truth of our claims, including the omission of evidence and falsification of figures by the detectives of the South Simcoe Police Service to the OPP, RCMP, and the Financial Services Regulatory Authority of Ontario (FSRA). The Ontario Teachers' Pension Plan (OTPP) can also get much more from the multi-million-dollar brokerage whose Principal Broker lied to them and everybody else multiple times to get the help from his buddy at HomeEquity Bank who is, sadly for him, no longer sitting on the corporate throne.

'Oh what a tangled web we weave when first we practice to deceive'. - Sir Walter Scott

Our friend, who we introduced in the article 'Motivating Members of the Ontario Teachers' Pension Plan (OTPP), is planning on arranging a meeting next week between our team and various dissenting members of the Ontario Teachers' Pension Plan (OTPP). Apparently, our fifth columnist was busy yesterday, reaching out to those who they know do not support using their pension contributions to manufacture weapons that are allegedly being used by Israel against mostly women, children, and other non-combatants in Palestine. A week ago, we would never have believed that our story would be taking such a sharp turn. However, that is what happens when those you are investigating and accusing of criminal and ethical abuses lack the courage to step up and contest your claims or validate their actions. Our only goal is to report the truth through the acquisition of information, and if we have to lawfully shake it out by going WAY over their collective heads, then that path is their collective choice, not ours, and they are responsible for any repercussions.

This likely unpopular outcome is the result of stupid people playing idiotic games, to win worthless prizes.

We strongly support the movement to end the slaughter of Palestinian civilians, so we have no problem joining the dissidents within the pension group of the Ontario Teachers' Pension Plan (OTPP) who believe in the value of people over profits. That is what makes us 'agitators', at least according to David Flude, who made the claim when he was caught and slapped down hard by a potential client when he lied about who we are and why we are producing this documentary so he could con her to hire him to arrange a mortgage for her valued at $800,000.00 to finance her new waterfront home. Fortunately, our friend on the inside is one of us, so we are a perfect match to work together. Their cause, and that of their fellow dissenting members of the Ontario Teachers' Pension Plan (OTPP), needs a bigger voice, and we have the means, and we also simply don't know how to shut up when injustice is obvious. ;-)

We have been working in media and online promotions for more than 35 years, as well as teaching the skills at the college level in both Ontario and British Columbia, so if anybody is still buying into the self-serving claims of any special interest who says 'nobody cares about this story', they need psychiatric help or a reality check.

We have 24-hour access to our own media production studios and broadcast producton facilities, as can be seen on the website of our commercial division. Through those facilities, we have stayed in business and satisfied many clients for more than 14 years by providing the world's best method of reaching the masses, online video and effective search engine optimization. Meanwhile, the dissident members of the Ontario Teachers' Pension Plan (OTPP) have a direct stairway to the top of the corporation that owns the HomeEquity Bank. Our goal will be to cause a breakup of the triad of corporations that have collaborated to conceal criminal and ethical breaches of trust, and then blocked all communications between their defrauded mutual client and the corporations that stole from him, or which ignored his fully supported allegations. We don't think it will take long for the board of directors of the Ontario Teachers' Pension Plan (OTPP) to realise that their former President and CEO erred when accepting on face value a pathological level of lying from an Oka from Muskoka running a back country brokerage. They also need to review why Steven Ranson, the former President and CEO of HomeEquity Bank, chose to support David Flude when the evidence so clearly shows the crimes that were committed that the Principal Broker at Verico the Mortgage Station was too scared to take his claims of libel to a court where a ruling would be made based solely on the evidence.

Past mistakes are said to come back to bite you in the ass, and this story is a tale of pit bulls.

All we want is the truth to be exposed to those who could be at risk of being defrauded by the brokers at Verico the Mortgage Station and brokerages across Canada that are associated with Verico Financial Group Inc., who clearly care nothing for the safety and financial protection of their especially vulnerable senior clients. We feel that the mostly 'woke' teachers, both currently contributing to the Ontario Teachers' Pension Plan (OTPP) and those who invested heavily into it before retirement, have a right to learn that the brokers of Verico the Mortgage Station defrauded a senior and veteran through loan sharking, and drained vital resources from local charities, not-for-profits, and benevolent community groups, and that both Verico Financial Group Inc. and HomeEquity Bank covered for the crime. It is also easy to understand why none of these wealthy corporations has found cause to file civil action or to seek injunctive relief to stop the reporting of the philanthropic exposure, despite Verico the Mortgage Station having apparently consulted with dozens of lawyers who have viewed the evidence and ran away rather than accepting a retainer.

Like most Boards of Directors, it is unlikely that the Ontario Teachers' Pension Plan board will care much about past loyalties, nor see much other than the bottom line, when deciding who gets thrown under the bus.


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