The $3.169 million home in High Point Equestrian Estates is the target of multiple court actions, including a foreclosure by a firm holding three mortgages on the property. (Matthew Claxton/Langley Advance Times)

The $3.169 million home in High Point Equestrian Estates is the target of multiple court actions, including a foreclosure by a firm holding three mortgages on the property. (Matthew Claxton/Langley Advance Times)

Langley home linked to man convicted of fraud is target of foreclosure

A mortgage lender claims to be owed $2.69 million

A high-end Langley home linked to a local developer convicted of fraud in the United States is the target of another legal claim.

Domain Mortgage Corporation has petitioned the B.C. Supreme Court, claiming that three mortgages worth more than $2.69 million on the High Point Equestrian Estates home are in default, and seeking to foreclose on the home.

The mortgages have interest rates of between 12 and 21 per cent.

The home is connected to former Langley condo builder Mark Chandler, who entered a guilty plea in a California court in October to a charge of wire fraud.

Chandler was extradited to the U.S. after a lengthy legal battle last year.

The High Point home is owned by a numbered company, which had a sole director – Chandler’s wife, Natalie.

This is not the first time it has been targeted in legal proceedings against Chandler.

In May, three Langley businesspeople won a $275,000 court judgment against two numbered companies linked to Chandler, including the High Point home. Chandler, who was at the time sitting in custody in California, did not mount a defense.

READ MORE: Local investors win lawsuit against Murrayville house builder

READ MORE: Lawsuits target Langley home of condo builder

Donald Killeen, Dave Jarvis, and Lucia Cardarelli all alleged they had lost tens of thousands of dollars each when they loaned Chandler money during the troubled construction of the Murrayville House condo project.

According to a statement of claim filed with the courts in January, back in 2015 Killeen loaned $85,000 to the numbered company that owned the Murrayville House site. Jarvis loaned $35,000, and Cardelli loaned $155,000.

They did not get their money back, much less the 10 per cent interest they had been promised.

In the May court ruling, the three investors were granted a constructive trust over the High Point home.

In addition, at least one other mortgage holder has registered a claim against the High Point house.

The three local creditors asked for a certificate of pending litigation and a constructive trust over a piece of property connected to Chandler – a house in the 300-block of 198th Street in the High Point Equestrian Estates development.

At the time of the loans, the South Langley house was owned by a numbered company, one which, according to other court documents filed in separate lawsuits against Chandler and his companies, has a sole director, Mark Chandler’s wife Natalie.

The Killeen lawsuit claims money from the trio’s loans was not used to work on completing the Murrayville House condos, but instead was funnelled towards the house on 198th Street, where Chandler allegedly lived.

BC Assessment listed the value of the home as $3.169 million as of July 1, 2019.

Domain’s legal petition noted that the company doesn’t know if anyone was living in the home, but as of Nov. 19, the grounds appeared kept up, the gate across the driveway was closed, and two Cadillac Escalade SUVs were parked in the driveway.

CourtLangley

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Sonya Perkins of Langley’s Forever Yours Lingerie said there’ve been challenges, but customers are supporting local shops during the pandemic. (Matthew Claxton/Langley Advance Times)
‘Shop Local’ key as Langley businesses work through COVID

Business groups are trying to encourage local buying to keep stores alive

Army and Navy was in business for more than a century but closed earlier this year, citing COVID-19 as the cause. The space at Langley Mall has been taken over by McFrugal’s Discount Outlet. (Lisa Farquharson/Black Press Media)
Few closures as Langley businesses battle COVID-19 downturn

Smaller, Canadian chains among casualties locally

Velma MacAllister, coordinator of the Langley Christmas Bureau, holds up donated gift cards at the bureau’s temporary location at Timms Community Centre in Langley City. The bureau is in need of cash, gift card or cheque donations this year to support 800 local families. (Joti Grewal/Langley Advance Times)
Generosity imperative this holiday season

Langley Christmas Bureau is dependent on the donation of gift cards this year

Fire crews dealt with a flooding home in Aldergrove last Tuesday night. (Liane Bisaillon/Special to The Star)
Aldergrove woman seeks help with flooded basement after receiving ‘lack of support’

Liane Bisaillon said she has not been able to get a hold of her property manager

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, Nov. 23, 2020. (B.C. government)
B.C. daily COVID-19 cases hits record 941 on Tuesday

Further restrictions on indoor exercise take effect

(Pixabay.com)
Man, 28, warned by Kootenay police to stop asking people to marry him

A woman initially reported the incident to police before they discovered others had been popped the question

Winston Blackmore (left) and James Oler (right) were sentenced on separate charges of polygamy this week in Cranbrook Supreme Court.
No more charges expected in Bountiful investigation, special prosecutor says

Special prosecutor says mandate has ended following review of evidence from Bountiful investigations

(Ashley Wadhwani/Black Press Media)
Refuse to follow B.C.’s mask mandate? Face a $230 fine

Masks are now required to be worn by all British Columbians, 12 years and older

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

BC Teachers' Federation President Teri Mooring is asking parents of school-aged children to encourage the wearing of masks when possible in schools. (THE CANADIAN PRESS/Chad Hipolito)
LETTER: Teachers union encourages culture of mask wearing in B.C. schools

BCTF President Teri Mooring asks parents to talk with children about wearing masks in school

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
Canada’s inability to manufacture vaccines in-house will delay distribution: Trudeau

First doses of COVID-19 vaccine expected in first few months of 2021, prime minister says

Police lights
Vancouver elementary school locked down after unknown man walks into classroom

Police arrested the man and sent him for a psych evaluation

Most Read