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23 Jan 2023

How organized crime has mortgaged or sold at least 30 GTA homes without owners’ knowledge

Author: admintech | Filed under: Finance/ Money
CANADA HOUSING BOOM

CBC Toronto has learned a handful of organized crime groups are behind these real-estate frauds — in which at least 30 homes in the Greater Toronto Area have either been sold or mortgaged without the real owners’ knowledge. Those revelations come from a private investigation firm working for a title insurance company to try and get to the bottom of the scams, which are costing insurers millions in claims.