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Speculation, imo, fwiw..
Every person who viewed the house has been tracked down afaik, could it be that not every single potential house buyer have not been contacted by LE because they have not yet been located?
Sorry to refer to these other cases of house fraud i posted about earlier, but this new report caught my attention in relation to the Sherman home, not necessarily because of the house takeovers but because of the imposters..
Also wondering if the house that would have been built had the Shermans not been murdered, was included in any will, if so- who would it be earmarked for?
lengthy article, rbbm,
https://www.cbc.ca/news/canada/toro...-mortgages-without-owners-knowledge-1.6719978
John Lancaster, Nicole Brockbank, Farrah Merali · CBC News · Posted: Jan 23, 2023
''CBC Toronto has learned that a handful of organized crime groups are behind these real-estate frauds — in which at least 30 homes in the Greater Toronto Area (GTA) have either been sold or mortgaged without the real owners' knowledge. Those revelations come from a private investigation firm working for a title insurance company to try and get to the bottom of the scams, which are costing insurers millions in claims. ''
....
''So how does this actually happen? King says an organized crime group starts by looking through publicly available property records for a home without a mortgage — or a small one where there's still a lot of equity left in the property — as a target.
From there, the groups who ultimately receive the fraudulent funds use stolen IDs and hire "stand-ins" to pose as tenants to gain access to the home, and other "stand-ins" impersonate homeowners to mortgage or sell it.
"A lot of times they're petty criminals that are paid anywhere from $5,000 to $10,000 to stand-in and pose as the homeowners," said King. "The people behind the frauds do not want to be front-facing."
''The stand-ins, like the pair Toronto police were trying to identify through a press release earlier this month, are also being shared between crime groups, according to King, depending on the ethnicity of the person needed to impersonate the homeowner.
Every person who viewed the house has been tracked down afaik, could it be that not every single potential house buyer have not been contacted by LE because they have not yet been located?
Sorry to refer to these other cases of house fraud i posted about earlier, but this new report caught my attention in relation to the Sherman home, not necessarily because of the house takeovers but because of the imposters..
Also wondering if the house that would have been built had the Shermans not been murdered, was included in any will, if so- who would it be earmarked for?
lengthy article, rbbm,
https://www.cbc.ca/news/canada/toro...-mortgages-without-owners-knowledge-1.6719978
John Lancaster, Nicole Brockbank, Farrah Merali · CBC News · Posted: Jan 23, 2023
''CBC Toronto has learned that a handful of organized crime groups are behind these real-estate frauds — in which at least 30 homes in the Greater Toronto Area (GTA) have either been sold or mortgaged without the real owners' knowledge. Those revelations come from a private investigation firm working for a title insurance company to try and get to the bottom of the scams, which are costing insurers millions in claims. ''
....
''So how does this actually happen? King says an organized crime group starts by looking through publicly available property records for a home without a mortgage — or a small one where there's still a lot of equity left in the property — as a target.
From there, the groups who ultimately receive the fraudulent funds use stolen IDs and hire "stand-ins" to pose as tenants to gain access to the home, and other "stand-ins" impersonate homeowners to mortgage or sell it.
"A lot of times they're petty criminals that are paid anywhere from $5,000 to $10,000 to stand-in and pose as the homeowners," said King. "The people behind the frauds do not want to be front-facing."
''The stand-ins, like the pair Toronto police were trying to identify through a press release earlier this month, are also being shared between crime groups, according to King, depending on the ethnicity of the person needed to impersonate the homeowner.