Fired by her school board, a Montrealer went on to run 3 colleges. International students are paying the price

By WNews 1 Min Read

There was the photo op with Prime Minister Justin Trudeau in India, a trip to China with her children and a sprawling lakefront home in the Laurentians.

Business was going well.

By 2020, Caroline Mastantuono and members of her family owned a fast-expanding recruiting firm, Rising Phoenix International, and three private colleges that attracted hundreds of foreign students, mostly from India, who paid up to $30,000 to attend. 

But in January 2022, Rising Phoenix and the three colleges — M College in Montreal, CCSQ College in Longueuil and CDE College in Sherbrooke — shut down and filed for creditor protection. 

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