Ontario regulator urges vigilance as fraudsters pose as homeowners to sell properties

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Ontario regulator urges vigilance as fraudsters pose as homeowners to sell properties
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TORONTO - An Ontario regulator is warning real estate brokers and agents to be vigilant for fraudsters impersonating homeowners looking to sell proper...

TORONTO - An Ontario regulator is warning real estate brokers and agents to be vigilant for fraudsters impersonating homeowners looking to sell properties.

The council, which regulates real estate professionals, says valuable real estate can be a “prime target” for “sophisticated criminals”. The council tells professionals to verify a client’s ID and be “vigilant” for any inconsistencies, such as errors in names, email addresses, or other unusual mistakes.

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