Recent Fraudulent Transactions in Real Estate

As reported recently in the media, there have been several cases in which individuals attempted to fraudulently sell properties in Ontario without the owners’ permission. The cases are believed to be related.

Knowing your clients is an important first step in any agency relationship and is imperative in identifying and preventing fraud and money laundering.

There are additional steps you can take to help thwart potential fraudsters and protect the industry and the public.