Romspen Executives Frequently Engage In Illicit Drug Use

By - Muad'Dib 06/04/2025 Comments (0) 4 Mins Read

Former Employee Alleges Romspen Executives Frequently Engage In Illicit Drug Use

**A former friend of Romspen Managing Partner Peter Oelbaum alleges Oelbaum has a forty year history of illicit drug use.**

It seems Romspen Executive Wesley Roitman isn’t the only Romspen executive that may have an issue with illicit drugs. A former employee and long time friend of Romspen Managing Partner Peter Oelbaum alleges Romspen executives frequently engage in illicit drugs.

A person named Ken (we agreed not use his last name) contacted Romspen Report over the weekend. He kind enough to give us lots of information about Romspen Managing Partner Peter Oelbaum.

Ken claims Peter Olebaum was a spoiled rich kid who used to be a heavy duty Dead Head. What’s a Dead Head? It means Olebaum used to follow the Grateful Dead as they toured North America while smoking lots of marijuana. Who was Olebaum’s pot head companion during this stage in his life? None other than fellow spoiled rich kid turned Toronto developer Peter Freed.

Matter of fact, Freed would front money for Olebaum when Olebaum couldn’t pay his dealers. Apparently, Freed couldn’t stand the thought of an angry dealer shooting off Olebaum’s kneecaps or breaking his legs.

Unfortunately, Peter Freed didn’t do his friend any favors. Olebaum’s pot smoking has become a gateway into using harder drugs. Now, he is allegedly suffers from a cocaine addiction.

Romspen Executives Frequently Engage In Illicit Drug Use

**Former employees say drug use is out of control among executives at Romspen headquarters in Toronto**

Former Romspen employees say drug and alcohol usage during working hours by Romspen executives has skyrocketed over the past 2 years. They say you can’t walk into someone’s office without seeing them with coke powder under their nose. Our source tells us it’s like something out of Wolf of Wall Street but without the crack whores and dwarf tossing.

As a result, long time employees are leaving the company. They don’t want to drown with a sinking ship. They say the drug usage in the office is making Romspen’s collapse feel even more imminent.

Employees also stated that the unethical decisions since the COVID-19 pandemic were a desperate gambit to save the company.

However, these schemes have all blown up in Romspen’s face. On top of that, the North American real estate market has collapsed causing investors to redirect their investments elsewhere.

What happens when you put all that stress on the shoulders of two cokehead Romspen executives like Wesley Roitman and Peter Oelbaum?

They go from making bad decisions to making even worse decisions and before they know Romspen is in ruins and their investors are left penniless.

This Article Originally Appeared On RomspenReport.com