REPLAY - Real Estate Fraud – Thieves Selling Your Home Without You Knowing
Sold in the 6ix - Toronto Real Estate
English - June 24, 2024 07:00 - 33 minutes - 23.3 MBInvesting Business Leisure Home & Garden toronto real estate toronto real estate realtor toronto realtor homes yyz investing mortgage 6ix Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This episode originally published in March, 2023.
You may have seen or read about this story on CBC. But wait until you hear all the details.
CBC Toronto been running a series of articles on real estate fraud of a different kind the last couple months. Thieves posing as owners of homes, selling the properties, and disappearing. Only to have the real homeowners find out weeks later.
Recently the Real Estate Council of Ontario (RECO) sent a memo to is members reminding them they’re required by law to verify the parties in any transaction.
It’s happened at least seven times in Toronto, most recently just weeks ago.
It’s scary, it’s audacious, it’s still happening, and as frauds go, this one is disturbingly simple.
Guest: John Lancaster, Team Leader, Investigative Unit, CBC News
Read the CBC stories on this fraud
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