A $300,000 certified cheque is missing after it was sent through Canada Post registered mail from Ontario to Quebec. The only way to get a new one leaves the man who sent it liable if the original is cashed by the wrong person.
Louis Kavaratzis inherited more than $300,000 from his late father. But the certified cheque for his share vanished somewhere in between his brother, in eastern Ontario, and his place in Quebec. Both say neither Canada Post nor TD Bank have been much help.
"It was going to greatly benefit my retirement. I wanted to invest it," Louis, 57, said of his lost inheritance. "My dreams are dashed of that ever happening." George says he declined, and instead offered to sign an agreement that says he'd be liable for $150,000. He says he isn't comfortable with the risk of having to repay the full amount. He also says he's done nothing wrong so shouldn't be the one on the hook.
The Canada Post registered mail receipt George received after sending the certified cheque. CBC News blurred out personal information on the receipt. But, under that same date and time stamp, it shows the item was delivered and signed for in Campbellford. A document shows George's signature on that date, but George is adamant he didn't sign for, or receive, the item."It was never picked up. It was never there," George said. "Nobody knows where it is."
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