Police request assistance with Fraud Over $5000 investigation

mortgage fraud investigationWarden Avenue and Sheppard Avenue East area,
Photographs of two suspects released

Broadcast time: 11:26
Friday, December 30, 2016

Financial Crimes
416-808-7300

Case #: 2016-326674

Toronto Police Service Financial Crimes is requesting the public’s assistance identifying two suspects in a mortgage fraud investigation.

It is alleged that:

– during September 2015, a man and a woman attended a mortgage broker’s office in the Warden Avenue and Sheppard Avenue East area

– they applied for a second mortgage on a property in the amount of $200,000

– the mortgage broker was able to find financing through a mortgage lender and a second mortgage was registered on the home

– they received $200,000 through their real estate lawyer

– several months after the mortgage was registered, the real homeowner was served court documents advising him that he was being sued by the mortgage lender for non-payment of the mortgage

The real homeowner called the police and reported the mortgage fraud.

It is further alleged that:

– the man and woman in this investigation used fake identification to personate the real homeowners.

Police are requesting the public’s assistance identifying them. Their photographs have been released.

Anyone with information is asked to contact police at 416-808-7310, Crime Stoppers anonymously at 416-222-TIPS (8477), online at www.222tips.com, or text TOR and your message to CRIMES (274637). Download the free Crime Stoppers Mobile App on iTunes, Google Play or Blackberry App World.

Please download the Toronto Police Service Mobile App for iOS or Android.

For more news, visit TPSnews.ca.


Constable Caroline de Kloet, Corporate Communications, for Detective Adkin Holder, Financial Crimes Unit.

http://torontopolice.on.ca/newsreleases/36810
Photographs of the two suspects:
Woman and man to be identified in Fraud Over $5000 investigation