Len Barrie, the former king of Bear Mountain Resort, has fallen from grace into a dark, lonely place.
Evicted from Bear Mountain, chased by process servers, hounded by media, and facing a fraud investigation – he is a
hunted man.
Tragically, all this could have been avoided if you people
had anted up the cash Len needed to stay above water back in 2009. He could
have paid his taxes. He wouldn't have needed to "borrow" money to buy
a hockey team. He wouldn't have been in Vegas trying to win it all back at the craps table (allegedly).
With the benefit of hindsight, it's clear we all share the
responsibility.
There were cries for help every step of the way. Way back in
1999, when Len wantonly chopped down trees that belonged to his neighbour, a
private golf club, was that not a plea for intervention? The neighbours could
have cut him some slack – perhaps he is brain damaged, or something? - but
instead, they threw him out of the club, and he was heartlessly spanked by a judge when he tried
to sue them, of all things.
So of course Len rode his dirt bike up Skirt Mountain and
decided to piss on everyone below. He would build his own golf resort empire
and show us all!
How could we have interpreted this bluster as anything but
the desperate posturing of a wounded soul?
When local indigenous people pointed out the heritage cave he was about to bulldoze, the bluster became a roar. It's mine, I own it, and I'll blow it up if I want to, he bellowed. I'll send my hundred-man crew to rough up the chiefs and anyone else who complains. Only now, with the passing of time, can we grasp that his heartless bullying and vicious racism was hiding another call for help.
When people started gossiping that Len was going bankrupt,
we should have ignored it and trusted him with our money anyway. Why didn't we give him the
highway interchange he wanted, and shut up about the native heritage sites and rare species? Our lack of empathy is painfully obvious to us
now.
Instead of a multimillion-dollar bailout, Len got nothing but heartache. Heaven knows,
Langford's mayor and council did everything they could, even applying for federal handouts for their golden boy, but to no avail, thanks to meddling
civic busybodies.
Troublemakers have dogged our hero relentlessly. Five years ago, activists set up a tree sit camp to block construction of an expensive highway interchange to service his resort. Imagine the arrogance! Well, they got what they deserved from the Joint Task Force SWAT Team. It took 300 officers from as far away as Mission, BC, but they succeeded in arresting three unarmed hippy pacifists who were asleep at the time.
After the camp was evicted in 2008, the city of Langford got to work on the Bear Mountain interchange, thanks to a $25 million loan from TD Bank, on behalf of Bear Mountain. Things were looking great. Len Barrie turned his attention to his first love, hockey. He bought the Tampa Bay Lightning and began to run it into the ground.
Then, storm clouds gathered. Three years ago, auditors found that Barrie had
apparently "borrowed" millions of dollars from his resort to buy the
Tampa Bay Lightning. Bear Mountain's auditors filed a letter of complaint with
company's directors. Then they quit. One of the worried investors complained to
the Globe and Mail that things suddenly weren't looking so good.
By then, the resort was losing money. Bear Mountain missed its initial payment for the interchange ($5 million.) The city's application for federal and provincial infrastructure grants was unsuccessful. (Those meddling kids!) Overpass construction ground to a halt.
Around this time, Len went gambling in Vegas and allegedly racked up millions in debt at the Bellagio Casino. The casino tried to collect, but the personal credit documents Len had used as guarantees proved to be worthless, according to news reports.
Two years ago, HSBC, the bank that was feeding the black hole of Bear Mountain's
voracious debt, decided to cut its losses ($250 million) and petitioned Bear Mountain into receivership in Vancouver Supreme Court. Len was removed as CEO and the
whole board of directors was fired. Len and his partner sold the shattered remnants of the Tampa Bay Lightning at a huge loss.
Last year, Bear Mountain's creditors and investors – including NHL player Mike Vernon – got their
payout under the Bear Mountain bankruptcy agreement: $500 each. Mike lost $10
million.
In December 2011, the Bellagio Hotel filed suit against Barrie for $2.2 million.
Way to kick a guy when he's down!
Then the bank started seizing Len's property. On January 27, 2012, Len and his family were evicted from their $14 million McMansion on top of Bear Mountain, a stone's throw from the partially-demolished native cave.
His family trust fund is long gone. There is no more property equity. Lately, Len's
stopped showing up to coach his BC Hockey League team, the Grizzlies, and he's
holed up in Youbou instead. (That house is also in foreclosure.)
This spring, Barrie is scheduled to go on trial for criminal violations of the tax code from his Bear Mountain days.
Update: There are SIX criminal charges in total.
Here's the first two:
Some may say that Len Barrie is nothing but a lowlife deadbeat. We say no, he's much more than that. He's a racist lowlife deadbeat, and still the most hated developer on Vancouver Island.
You think you have a rough life? If you have two nickels to rub together, you're richer than Len. So please give to our 2012 Charity Fundraising Appeal! Give now, and you'll receive a personal autographed copy of this photo:
Photo montage by Bruce Dean |
Do the right thing. Give Len your money!
Thank you.
Thank you.
Maybe the revamped Ma Millers can have a jiggle-bar fund-raiser for him. Or he can drive the party bus there on weekends. Court proceedings are all daytime activities after all.
ReplyDeleteWill the excitement never end?
We just wanted to share new information that has been reported on Len Barrie and some of his associates... http://scamfraudreport.org/report-len-barrie-former-nhl-player-perpetrates-financial-fraud-takes-clients-funds-and-story-gets-worse/
ReplyDeleteI have some information with this story and involvement with Stew Young they you may wan to hear. Is there an email address that I can contact you at?
ReplyDeleteDo tell! Use our confidential tip line: openconsultation@gmail.com.
ReplyDeleteBetter yet, poor Len's old foreclosed mansion is being taken over by reality TV! http://www.vancouversun.com/homes/blinged+bachelor/7346500/story.html
ReplyDeleteJust what Lameford needed, a Canadian version of The Bachelor. I'm sure THAT won't tank, or anything.
"Barrie had another run-in with trees last year when he decided he wanted to clear some timber for his practice facility. He required regulatory approval, but that seemed to be taking forever. Barrie noticed that the maximum fine for tree removal was $10,000 and he did the arithmetic in his head. He knew the timber he wanted to remove would fetch him well into six figures. Out came the chainsaws and Barrie went down to the local government office where he happily paid his $10,000 fine.
ReplyDelete"I think they have now changed the rules," Barrie says with a smile."
http://www.vancouversun.com/sports/Bear+Mountain+adds+gentler+touch/1656016/story.html
Guess you weren't paying enough attention to the OTHER rules, Len. What a sleazeball.
Are you not posting anymore?
ReplyDeleteYes, unless something really interesting happens. Why? Do you have news? :)
ReplyDeleteSo glad this A-HOLE is in bankruptcy with a net worth of negative 5 million! He's one of the biggest douche bags i've ever met. What goes around comes around hey Len ! LOL
ReplyDelete