Reported 2 days ago
Christopher DeVocht, a carpenter from Canada, rose from an account worth C$88,000 to C$415 million trading Tesla options, only to lose it all in 2022. He claims negligent financial advice from Royal Bank of Canada and an accounting firm led to his downfall, as they failed to recognize his limited knowledge beyond trading Tesla. Now, DeVocht is suing for damages, alleging the negligence caused significant financial loss while attempting to minimize taxes.
Source: YAHOO