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Real Estate Fraud. Tips to protect oneself.


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The criminal element has moved its aims towards real estate fraud, as recently several stories are trending everywhere in the Canadian Media. 

The CBC (they have good things once in a while) also ran an article: 

How to protect yourself from real-estate title fraud.

---> Take steps to protect your identity:

  • Be wary of who you share personal information with.
  • Regularly check credit card reports, bank and credit card statements and report anything irregular.
  • Shred documents containing personal information before placing them in the garbage.
  • Limit mail theft by regularly retrieving mail.
  • Notify the post office, financial institutions and other service providers of your new address when you move.

    https://www.cbc.ca/news/canada/toronto/prevent-title-insurance-fraud-1.6711615

and the last arrest: 

Three people have been charged after allegedly impersonating the owners of a Toronto home and selling it while they were out of the country.

title-fraud-scam-1-6249627-1674854988322.jpg

https://toronto.ctvnews.ca/3-people-charged-after-allegedly-impersonating-homeowners-to-sell-toronto-property-1.6249621

For more information on how to prevent identity theft, visit the following links:

Edited by Contrarian
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  • Contrarian changed the title to Real Estate Fraud. Tips to protect oneself.

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