How this mortgage scam is putting seniors at risk of losing their homes (Marketplace)
398,761
Published 2023-03-31
Read more: www.cbc.ca/1.6795104
#Scam #Mortgage #CBCMarketplace
0:00 Intro
1:21 Investigation begins with Karl Hoffmann and his family
5:48 Meeting Danila Lim and her family
11:03 Speaking to the OPP Serious Fraud Office about the scam
15:33 Looking into mortgage brokerages
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All Comments (21)
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RULE #1 OF LIFE: NEVER OPEN THE DOOR TO ANYONE YOU’RE NOT EXPECTING. EVER.
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The police should make a big example out of these fraudsters by charging heavy fines and jail time
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These people were forced to pay 25% interest rate....catch the lawyer and mortgage broker and jail them forever. These guys are criminals.
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These people need to be prosecuted and go to jail for a very long time
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These scammers should be punished severely. It is so inhumane to target our vulnerable populations.
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A judge should just void every single contract for duress, undue influence and fraud.
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How can someone target seniors and disabled , they should all be given a punishment that they will remember all their life. Shame and such a disgrace on man kind . Thanks market place
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This is one of the few times the government needs to step in and void any and all of the contracts in these scams. Banks and other other companies involved should have no ability to stop the governments intervention. Our top national security agencies should be used to identify, track, and convict all those involved.
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These scammers must be put in jail without parole!
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I'm so grateful for Market Place. Thank you for looking out for all of us 💟 I'm not a victim, but I understand their pains 💔
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People did this to my mom before I moved in to help her. They charged her $30, 000. They came back to try to get her to sign a mortgage - but I was home and after I grabbed my ax and chased the bastard away they never came back!! I'm sure there is some politician involved for them to keep getting away with this sh!t!!!! Greg helped us out a lot - he's a great lawyer!!
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Absolutely pathetic using seniors into these kinds of financial frauds. Need strict laws and jail times for those doing it.
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How is this legal? Whoever the "lender" is, they should be investigated immediately for fraud and have their lending licenses revoked. Whoever the CEO is, he or she need to be prosecuted to the full extent of the law.
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Are we living in Canada? How could this be happening and no serious action is being taken against these fraudsters???????
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my heart melted after seeing Karl, how can people be so heartless
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I am a private detective in New Orleans and have worked on some title and mortgage fraud cases, but this mechanism is truly bizarre and convoluted.
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Centum mortgages branch owner Ranjit Dhillon and lawyer Anant Jain should be ashamed of themselves.
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Put the scammer to jail for life.
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CBC Marketplace creating awareness and motivating change for problems affecting all of us in Canada. Thank you!
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Thank you Marketplace for making us all aware of the dangers we all face. I hope these criminals are caught and put away for life.
