An impersonator gained access to a vacant condo, staged everything from the photo shoot to the listing and appears to have duped the buyer, two sets of property agents, lawyers, a major bank and the Ontario land registry
The professional photographs posted on a property tour website last year show Moffy Yu’s condo in downtown Toronto, a light-filled two-bedroom home with floor-to-ceiling windows framing sweeping views from the tallest residential tower in Canada.
Yu’s experience, which she called “bizarre and shocking”, is not isolated. It’s part of what investigator Brian King calls “total title fraud,” in which thieves impersonate true property owners by using fake identification. He said total title fraud is “extremely problematic,” because both a true homeowner and an unsuspecting new purchaser are victimized.
She asked friends in real estate she knew in Toronto to look into the situation and was alarmed when they reported back that the condo appeared to have been listed and sold. A woman who answered the intercom for Yu’s apartment on Tuesday hung up when a reporter identified themselves and asked about the property’s ownership. Yu’s name was still listed on the building’s intercom.
Perry Ehrlich, a British Columbia lawyer who has been practising real estate law since 1977, said title insurance was the “new school” way to safeguard against fraud.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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