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REPLAY - Real Estate Fraud – Thieves Selling Your Home Without You Knowing
Manage episode 425323172 series 2820985
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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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