Mississauga lawyer going through costs in alleged actual property fraud

Mississauga lawyer going through costs in alleged actual property fraud

A Mississauga lawyer has been charged by Peel Regional Police after allegedly defrauding victims related to real estate transactions.Mississauga lawyer going through costs in alleged actual property fraud

Peel Regional Police say a lawyer has been arrested and charged by investigators from the Fraud Bureau.

Police allege the 41-year-old man, who’s from Brampton and operates a regulation workplace in Mississauga, has defrauded victims associated to actual property transactions leading to losses of greater than $10 million.

In keeping with an Aug. 25 information launch, police say quite a few victims retained the companies of the lawyer to settle their actual property transactions between June and December of final 12 months.

Police allege that he obtained hundreds of thousands of {dollars} in belief for actual property transactions to permit the victims to repay their excellent mortgages and that regardless of the victims’ quite a few requests, he allegedly didn’t allocate these funds towards the excellent mortgages.

Police say every sufferer has “suffered a big monetary loss.”

In keeping with police, on Aug. 24, he was arrested on an impressive warrant at Pearson Worldwide Airport upon returning to Canada. He has been charged with defraud the general public and breach of belief.

He appeared on the Ontario Courtroom of Justice in Brampton and was held pending a bail listening to scheduled for Aug. 25.

The fees haven’t been confirmed in court docket.

Investigators consider that extra victims might exist and anybody with info is requested to contact the Fraud Bureau at 905-453-2121, ext. 3335.

Info may be left anonymously by calling Peel Crime Stoppers at 1-800-222-TIPS (8477), or by visiting peelcrimestoppers.ca.