Through a joint investigation by Brantford Police Services and Waterloo Regional Police Services, four suspects have been arrested and charged with an organized renovation and mortgage fraud targeting a vulnerable senior residing in Brantford, resulting in the loss of her home.
The incident occurred between 2021 and 2022, resulting in four predatory mortgages, ultimately leading to mortgage enforcement of the home in January of 2024. The suspects are accused of defrauding the victim of approximately $374,000.
As a result of the joint investigation, the following individuals have been arrested and charged as follows:
- A 29-year-old male from Oakville, a 34-year-old male from Hamilton and a 60-year-old female from Toronto each stand charged with one count of Fraud, over $5,000 and Possession Property Obtained by Crime over $5,000, contrary to the Criminal Code, and
- A 39-year-old man from Brampton stands charged with one count of Swearing Purported Affidavit, contrary to the Criminal Code.
Police would like to remind citizens to be wary of unsolicited people knocking at your door and use caution when asked to sign any documents that you are unsure of. We would also like to take this opportunity to issue a reminder to check on vulnerable seniors in the community to help protect them against fraudsters attempting to take advantage of vulnerable persons.
