Mortgage Fraud

• Ontario homeowner falls victim to mortgage scam, police believe there are more victims

  Police in London, Ont., began investigating last summer after being contacted by a reverse mortgage salesperson who was concerned about a potential client. 

  Crime

  Feb 22
  
• Peel police seek 2nd suspect in alleged mortgage fraud scheme

  Investigators from the Peel Regional Police fraud bureau seek the public's assistance in locating a second male fraud suspect. 

  Crime

  Oct 20, 2023
  
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• Man renting home impersonates owner, applies for mortgage, takes funds: Toronto police

  A man renting a home impersonated the owner, applied for a mortgage and then took the funds, Toronto police allege, and officers say the suspect may have committed similar crimes.

  Crime

  Jun 1, 2023
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• Ontario financial services watchdog proposes changes to deter mortgage fraud

  The Financial Services Regulatory Authority of Ontario says its proposed changes would strengthen how documents and identities are verified.

  Consumer

  Mar 28, 2023
• RCMP charge Calgary man in $2.1M mortgage fraud scheme

  An RCMP 'comprehensive investigation' found a man defrauded $2.1 million from multiple Calgary-area financial institutions between 2015 and 2020.

  Canada

  Oct 24, 2022
• Man wanted in $10M mortgage fraud investigation is ‘armed and dangerous:’ Toronto police

  A Canada-wide warrant has been issued for a man wanted in an investigation into alleged mortgage frauds valued at more than $10 million, Toronto police say.

  Crime

  Mar 1, 2022
• Toronto police investigating alleged mortgage fraud worth $5 million

  Police say the scheme began in August 2020 and allege the man obtained more than $5 million in mortgages from lenders throughout the Greater Toronto Area.

  Crime

  Dec 24, 2021
• Guelph mortgage broker collected $8 million over 25 years in fraud scheme: police

  Guelph police say a 73-year-old former mortgage broker faces 31 charges related to fraud and forged documents.

  Crime

  Jul 23, 2020
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• 31 fraud, forgery charges laid against Guelph man: police

  Guelph police have arrested a 73-year-old man as part of an eight-year mortgage fraud investigation.

  Crime

  Jul 21, 2020
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• $5.5M Ponzi scheme leads to 22 charges against Edmonton man: police

  Edmonton police say a man who allegedly facilitated 257 fraudulent bridge mortgage loans worth an estimated $5.5 million is facing nearly two dozen charges.

  Crime

  Jul 20, 2018