The Real Estate Council Alberta reminds you to be careful when dealing with finance online.
When consumers get desperate, fraudsters make their move. In tough economic times, more and more Albertans are struggling to make payments and could become their next targets. As a licensed professional, I play a key role in making sure you won’t be taken in by online real estate or mortgage scams.
Mortgage fraud is a crime. If you are approached about a scheme to make quick, easy money in real estate or asked to use your name for credit purposes, or asked to create or alter certain documents in a real estate or mortgage transaction – be suspicious. If you suspect you may be getting involved in a fraudulent transaction, report your suspicions to the Real Estate Council of Alberta.
To help individuals to protect themselves, they have released this video and following documents: