The Law Society of Ontario has suspended the licence of a Burlington lawyer while it probes allegations that she participated in a Ponzi scheme that saw $25 million deposited into her trust account.
Crystal Diane Masterson, 40, informed the society this past March that she had been charged with fraud over $5,000.
“The charge stems from the lawyer’s involvement in an apparent Ponzi scheme, which allegedly resulted in millions of dollars of losses,” said the recent decision suspending Masterson’s licence to practice, which notes two co-accused were also charged.
Masterson’s interlocutory suspension was ordered in a decision from the Law Society Tribunal, dated Sept. 10.
“The evidence before us shows that there are serious concerns about the lawyer’s integrity and trustworthiness,” said t