Identity thieves in Canada have begun targeting the homes of their victims. Recently, several cases of mortgage and title fraud involving identity theft where several individuals have had their houses sold without their knowledge. Ontario’s land-registry system does not currently protect homeowners from such fraud, but instead favors banks, mortgage companies, and purchasers. The provincial government is however working to solve the problem.
It’s truly incredible that you can actually have your own house sold from under your feet and know nothing of it. What’s worse, is it appears once the fradulant sale is finished, it’s time for you to pack up… no two ways about it.