A 'For lease" sign is shown at the Collier Centre, in Barrie, Ont., in 2018. The mixed use mid-rise development was owned by Fortress Real Developments.

Prosecutors are seeking 10 years of jail time for the co-founders of now-defunct syndicated mortgage company Fortress Real Developments Inc. and the forfeiture of $26-million.

The Crown is also seeking a fine in lieu of forfeiture and additional jail time if that fine is not paid.

Jawad Rathore, Fortress’s former chief executive officer, and Vince Petrozza, its former chief operating officer, were found guilty of fraud earlier this year after a lengthy criminal trial.

Lawyers for the two men have said their clients plan to appeal the Ontario Court of Justice verdict.

Crown attorney Scott Patterson told a Toronto courtroom on Wednesd

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