Real eState
DREAM TEAM: Ex-NFLer Christo Bilukidi teams up to make splash in Ottawa real estate – Ottawa Sun
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“Business is going great. We just finished our first year in August. The transition is definitely challenging. Things I learned in football have helped me in real estate: I have to be self-motivated and self-disciplined.”
As a professional football player, Bilukidi never wanted to be seen as different. He wanted to fit in, to be one of the guys. But, at 6-5 and more than 300 pounds, he was different.
“I never was a person who wanted attention,” he said. “I wanted to succeed, but I wanted to do it low-key. People looked at me, they saw I was tall, big, athletic and they asked what I did. If I didn’t want to get into a conversation, I’d just make something up. Now, in my business, attention is a good thing. People are interested in my past, what I used to do for a living. I tell them I used to play in the league and it builds a conversation.”
Bilukidi’s journey to get to the NFL was different. First, it was soccer and he excelled on an Internationals team that was one of the best in Ontario.
“I remember we were just a bunch of kids kicking the ball around and running all over the field,” he said. “We got lucky. We had this soccer coach, Joe Correia, he taught us a tactical way of playing. At the age of 10, we had a winning mentality. That’s all we knew how to do. We’d be hard on each other if we didn’t win. That mindset, always wanting to win, carried over into football and now into business for me.”
Bilukidi didn’t play football at St. Patrick’s High School, focusing instead on basketball, but, with some urging from friend Djems Kouami, he played minor football for the Cumberland Panthers. Attracting attention because of his size, he started attending football camps and got noticed. He left Ottawa to play at a junior college, Eastern Arizona, then received a scholarship offer to Georgia State, a program in its infancy. After 10 quarterback sacks in two years at Georgia State, he was selected in the sixth round of the 2012 NFL draft by the Oakland Raiders.
Real eState
B.C. woman ordered to pay over half a million dollars over real estate ‘Ponzi scheme’ – Global News
A B.C. resident has been ordered to pay over $600,000 after committing fraud through a real estate scheme.
The B.C. Securities Commission (BCSC) has ordered Cherie Evangeline White and her company Kingdom Investments to pay $626,000 in financial sanctions.
In a Monday media release, the BCSC described the fraud as “consistent with a Ponzi scheme.”
White told investors they would get a return of 10 to 30 per cent on their investments after about six months and that the housing they invested in would be provided to those in need, including people experiencing addiction, according to the BCSC.
But instead, she used the funds to buy residential properties and then flip them for profit, money she then used to pay back earlier investors, the BCSC said.
She commonly used her faith to attract investors by connecting with them on spiritual values and using faith-related imagery, according to the commission.
White also created a sense of urgency for investors, and in one case accompanied an investor to the bank to make sure they invested. Bank staff told the individual not to invest, but she convinced them to anyway, according to the BCSC.
In total Kingdom Investments distributed over $1 million in securities to 24 different investors without proper documentation and details of those investments. Investors suffered losses of about $776,000 as a result of the “fraud and illegal distribution,” the commission said.
The BCSC said White obstructed justice by failing to provide documents and information asked for by the BCSC. It also said she and her company did not show remorse for their actions or acknowledge the damage they caused.
She has been banned from participating in B.C.’s investment market unless she is the one investing in a company. Her company was banned from trading its shares or promoting the business.
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