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Title insurers need to be brought under anti-money laundering rules to fight against scam artists who impersonate homeowners to sell or mortgage their properties, a former insurance executive says.
The Financial Consumer Agency of Canada says there are two main avenues for real estate fraud involving titles to properties and bogus foreclosure proceedings.
Title insurers need to be brought under anti-money laundering rules to fight against scam artists who impersonate homeowners to sell or mortgage their properties, a former insurance executive says.
Title insurers need to be brought under anti-money laundering rules to fight against scam artists who impersonate homeowners to sell or mortgage their properties, a former insurance executive says.
The Financial Consumer Agency of Canada says there are two main avenues for real estate fraud involving titles to properties and bogus foreclosure proceedings.