Mastering Money

S9 E05: Protecting Your Castle – Safeguarding Against Fraudulent Property Sales


Listen Later

You’ve heard the horror stories in the news: a family leaves for vacation and on their return someone has sold their house out from under them. Or, maybe they find that somebody has applied for a mortgage in their name.

Who can fall victim to fraudulent property sales? In this eye-opening episode, we delve into a world where both lenders and homeowners can unknowingly become victims of deceit.

In this episode, Jennifer Fiddian-Green, Partner, National Advisory Services, Forensics, Grant Thornton LLP, discusses the tactics used by scammers to initiate property fraud and the preventive actions that you can take to safeguard your assets.

Key takeaways:

 Understand the mechanics of fraudulent property sales.

  • Learn common tactics used by fraudsters to initiate fraudulent property transfers.
  • Learn precautionary actions property owners can take to minimize the risk of property fraud.
  • Find out what legal protections and remedies are available to victims of fraudulent property transfers.
  • Additional Resources:

    • Mortgage Fraud: What You Need to Know – CMHC
    • Identity Theft and Fraud – Canadian Anti-Fraud Centre
    • Place a Fraud Alert or Active Duty Alert – Equifax®
    • Fraud Victims Resources – TransUnion Canada
    • FCT – Property Owners – Title Fraud
    • How Organized Crime has Mortgaged or Sold at Least 30 GTA Homes Without Owners' Knowledge – CBC News
    • Protect Yourself Against Identity Theft – Government of Canada
    • Download transcript

      The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

      ...more
      View all episodesView all episodes
      Download on the App Store

      Mastering MoneyBy Chartered Professional Accountants of Canada (CPA Canada)

      • 3.7
      • 3.7
      • 3.7
      • 3.7
      • 3.7

      3.7

      3 ratings


      More shows like Mastering Money

      View all
      More Money Podcast by Jessica Moorhouse

      More Money Podcast

      113 Listeners

      Ramsey Everyday Millionaires by Ramsey Network

      Ramsey Everyday Millionaires

      3,682 Listeners

      The Game with Alex Hormozi by Alex Hormozi

      The Game with Alex Hormozi

      4,432 Listeners

      The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

      The Rational Reminder Podcast

      462 Listeners

      The Retirement Wisdom Podcast by Retirement Wisdom

      The Retirement Wisdom Podcast

      185 Listeners

      On Purpose with Jay Shetty by iHeartPodcasts

      On Purpose with Jay Shetty

      27,730 Listeners

      Get the Hell Out of Debt by Cloud10

      Get the Hell Out of Debt

      238 Listeners

      The Ramsey Show Highlights by Ramsey Network

      The Ramsey Show Highlights

      795 Listeners

      The Canadian Investor by Braden Dennis & Simon Belanger

      The Canadian Investor

      78 Listeners

      How to Be a Better Human by TED

      How to Be a Better Human

      1,389 Listeners

      The Mel Robbins Podcast by Mel Robbins

      The Mel Robbins Podcast

      20,393 Listeners

      TLDR by Devin Friedman, Sarah Rieger, Matthew Karasz

      TLDR

      26 Listeners

      The Canadian Real Estate Investor by Daniel Foch & Nick Hill

      The Canadian Real Estate Investor

      32 Listeners

      The Loonie Hour by Steve Saretsky

      The Loonie Hour

      13 Listeners

      The Wealthy Barber Podcast by The Wealthy Barber Inc.

      The Wealthy Barber Podcast

      63 Listeners