Prevent Yourself from Falling Victim to Mortgage Fraud

Real estate fraud has been seeing an increase in incidences lately. Be it title fraud or mortgage fraud, it seems that more people are falling victim to real estate fraud and it’s about time people arm themselves with information for better awareness.

What is Mortgage Fraud?

Mortgage fraud is when a person intentionally provides incomplete or fake information to a lender to be granted a mortgage that the person may not otherwise qualify for. It can be committed by someone by falsifying appraisal of a property or by claiming to have higher income than what is the reality.

What is Title Fraud?

Title fraud is committed when someone else poses as the homeowner and tries to sell the home or to get a mortgage using a fake title. Basically, entering into any transaction using false identity and/or false title is title fraud.

Real Estate Fraud in Canada       

Mortgage fraud and title fraud are crimes that affect the banking industry, government, and law enforcement. Although there is no central organization that records or collects data nationally, real estate fraud in Canada is taken very seriously by the sectors involved. Note that the majority of the hundreds of billions of dollars in mortgage value across Canada are normal but still, this has taken the attention of involved sectors and measures are being taken to prevent real estate fraud as well as protect people from falling victim to it.

Protection from Real Estate Fraud

Banks are constantly working to protect people against all types of fraud. Most banks have security teams that are working 24/7 enhancing security, upgrading technology, and implementing plans to prevent fraud from occurring. The security teams also keep a record of data to assist the police with investigations if ever criminal activity is detected. Aside from this, banks work together with the Canadian Bankers Association to combat real estate fraud across the country and have task forces cooperating with the government, real estate groups, the police, private investigators, lenders, and lawyers in order to find out how real estate fraud cases can be prevented so that Canadians can be more protected against it.

Protecting Yourself from Real Estate Fraud

The good news is that you can do so much to protect yourself against this type of fraud by implementing the following:

  • Guard your personal information and do not disclose them over the phone, email, or to people you do not know.
  • Check your billing information and mail. Be sure to follow up if certain mails stop arriving.
  • Make sure items that carry your personal information are kept safe or if needing to be disposed, destroyed to render your information not readable.
  • Check your credit report for discrepancies.
  • Ensure that your home is in your name by checking the registry.

Do not worry about how banks are protecting themselves because they have private investigators to help safeguard their processes and data. Focus on how you can protect yourself from fraud and the actions that you can do if you suspect that you’ve fallen victim for one. If you need help uncovering information, feel free to contact us to avail of our private investigation services. We can do more than just investigate at Haywood Hunt, we can also help you initiate practices and put up protective barriers so that you can prevent yourself from falling victim to mortgage fraud.

Two Oakville Men Accused of Take-Over Fraud

Two men from Oakville are currently facing charges of fraud and forging documents related to taking over ownership of an Etobicoke bakery. The two men allegedly did not pay but ended up getting ownership of the bakery through fraud.

What the Police Says

According to Toronto police, the two men approached the owners of the 36,000 square-foot bakery in Etobicoke and agreed to buy the building for a certain amount. The men, operators of Easton Pharmaceuticals, are alleged by the police to have no intention to pay and was found out to have altered attorney letters to make it look like they are truly buying the building. The men failed to transfer the payment after the ownership was transferred.

51-year-old Vincent DeMasi of Toronto and 49-year-old Evangelos Karayannopoulos of Oakville were arrested and charged in late October 2019 for fraud and forging documents. According to the police, Evangelos Karayannopoulos also goes by the name Evan Kerras.

Easton Pharmaceuticals is based in Toronto and describes itself as a specialty pharmaceutical company on its website. The company claims it developed and owned FDA-approved drugs for wound healing previously. Current stocks are traded on OTC Pink exchange. The company’s trading rights have been suspended by the U.S. Securities and Exchange Commission on November 20, 2019.

Caught Off-Guard

Both DeMasi and Karayannopoulos claim to have been caught off-guard by the charges against them, according to an email addressed to the Star. Karayannopoulos claims that their legal counsel has no knowledge of any request for information by the Toronto Police and was equally appalled and shocked about the charges and allegations against DeMasi and Karayannopoulos. He further said that the true victims will be revealed after investigation and that those responsible will be held accountable for their actions.

How Events Unfolded

Easton Pharmaceuticals announced in April 2019 that they’ve acquired the bakery, Supreme Sweets Inc. and called it a strategic acquisition for Easton so that the company can enter the Cannabis Edibles market to create premium Cannabis Edibles for various needs. The property is located in Brockhouse Rd. in Etobicoke.

In a suspension order issued in November 19, 2019, The SEC found that there are questions regarding the adequacy and accuracy of the information about the company’s recent public announcements about the acquisition as well as about the company’s operations, specifically the press release dated April 24, 2019 which stated that Easton Pharmaceuticals completed its acquisition of Supreme Sweets Inc. In summary, there are a lot of data and claims that do not match up, including claims of operating fully functional video slot games for release to American Casinos in the near future.

High-Value Fraud

Police are worried that there might be more victims. Toronto Police’s Financial Crime Unit found out about the high-value fraud, with DeMasi and Karayannopoulos taking possession of a 36,000 square foot building along with about $9 million worth of industrial machinery without having a single cent exchanged on the closing date. Toronto Const. Victor Wong urges anyone with information to call the police at 416-808-7373.

Were you or anyone you know a victim of business fraud? Let our private investigation services help you! Contact us at Haywood Hunt and schedule an obligation-free consultation to find out what we can do for you.

 

 

 

Canadians Lost $22.5M in Romance Fraud for 2019

The number one scam in Canada in 2019 was romance scam, with Canadians losing more than $22 million to it. The numbers for 2019 have not fully been tallied, so the number is likely larger than this.

Even Women Are Victims

When talking about online romance fraud, the common misconception is that it only happens between an older male victim from a richer country and a younger attractive girl from some other part of the world. The truth is that many women fall for romance scam fraudsters too. Michelle Boyer of Ottawa sent more than $3,000 in money transfers over the course of 10 months to a man she met online who used to send her romantic poems. The poems turned out to be from a poetry website.

According to the Canadian Anti-Fraud Centre or CAFC, romance scams currently surpass all other forms of fraud in Canada in terms of money lost. The numbers may look like a lot, but authorities believe that less than 5% of victims talk about getting scammed.

What Are Romance Scams?

Romance scams are when some bad people with false romantic intentions attempt to make someone else trust and confide to them in order to get access to the victim’s money, bank accounts, or credit cards. The fraudsters usually find their victims on online dating sites or social media.

A Huge Emotional Blow

Part of the reason why victims do not file complaints is that they are busy trying to deal with the emotional impact of finding that that someone they have feelings for was a complete fraud. The emotional loss is far more significant than the financial loss in most cases. Some feel ashamed that they’ve fallen for such a scheme and some may simply not know who they can talk to without being judged. They also know that since most of the scammers are based overseas, reporting their loses will not mean that they will be able to get it back.

Quebec and Ontario Beware

More than 66% of romance scam victims are from Quebec and Ontario, with one victim reportedly shelling out more than $72,000. To this day, there are no public data about romance scams or online dating scams so finding out where most of the money gets sent and where the fraudsters are based is not going to be easy.

Prevention is the Key

The only way to fight online dating fraud and romance scams is through prevention via proper education. Warning signs to watch out for include:

  • The scammer claiming to be from somewhere nearby but working overseas
  • The scammer claiming to be in need of financial help despite having a lucrative business or job
  • The scammer wanting to develop a long-distance relationship despite not meeting or only communicating online for a few days or weeks
  • The scammer wanting intimate photos or very personal details (which can be used for extorting money later or for identity theft)

Authorities say that there is no harm in using dating sites and talking to strangers online as long as someone is aware of the risks and watches out for red flags. Some romance scammers use the promise of love to turn another person into a money mule for money laundering.  Fraud experts say to simply stay away from things that seem too good to be true or quick professions of love from someone online. If you suspect that someone might be scamming you, contact us and let our private investigation services uncover the truth. More than love, you deserve peace of mind. Leave the internet dating investigations to us.

 

Holiday Scams to Watch Out for in 2019 and into 2020

The full swing of the holidays is just a few days away, but the scam artists are just getting started. It is time to be extra vigilant to avoid getting scammed especially when holiday shopping. Below are some of the most common holiday scams to watch out for in 2019.

Loan Scams

Holidays usually means spending a lot of money. Loan scams prey on people who need extra cash during the holidays. These fraudsters offer loans to people who need cash and then they used the personal information provided to demand payments. This is why authorities are urging people to only seek loans from established providers.

Online Shopping Scams

Online deals are usually offered by brands and stores around this time of the year but scammers have found a way to take advantage of the holiday online shopping rush as well. They usually offer once-in-a-lifetime deals that later turn out to be for counterfeits or for an item that does not exist. No matter what the rush is, it is still better to buy from trusted stores that use credit card protection and payment protection. More so, stay away from deals that sound too good to be true.

Sim Swapping

Incidences of identity theft are becoming more sophisticated with fraudsters now sending phishing emails that look like they are from valid network providers which tell the victim that they’ve won some holiday contest. The victim will then be asked to provide personal details to claim the nonexistent prize which the fraudsters will use to take over the victim’s mobile account. Once the mobile account has been taken over, it is only a matter of time to gain access to emails, social media accounts, as well as bank accounts via the hacked mobile number. Sometimes the initial message can come as a text or email from the service provider so it is best to call the service provider using another phone to verify if the message or email is real.

More Phone Scams

Phone scams are forever evolving and becoming more sinister. The CRA Scam is one example, with the fraudsters claiming to be from Canada Revenue Agency and threatening the victim with an arrest for supposedly delayed payments or back taxes. A new scam claims that the call is from Service Canada and asks the victims for the victim’s social security number or SIN. Once compromised, this is a scam that is very challenging to recover from. The fraudster gains access to very personal information such as the person’s name, date of birth, and more. Later they will demand cash and ask the victim to deposit in a safe account. It should be noted that Service Canada won’t call people to ask for personal details same as Canada Revenue Agency.

Do you need help uncovering a scam or want to protect your personal data online? We can help with both! Our private investigation services are constantly evolving and now include fraud prevention and protection. Contact us at Haywood Hunt to find out what we can do for you!

 

 

Be Aware of These Ongoing Scams in Brampton and Mississauga

Scams do not pick a season. Most scams are ongoing no matter what time of the year and even when similar scams are already being investigated after discovery by law enforcement. This is especially true in Brampton and Mississauga and so Peel police are warning residents that there are several common and ongoing scams making the rounds in the region.

Scams to Watch Out For

4 common scams have been identified by Peel Regional Police’s Service Fraud Bureau. The scams are the ones commonly targeting residents of Mississauga and Brampton. They are:

  • Canada Revenue Agency Scam or CRA Scam, otherwise known as Emergency Scam or Police or Bank Employee Scam
  • Company Invoice Scam or Paycheque Redirect
  • Employment Scams
  • Rental Accommodation Fraud

The police said that the scams lined up above are the most prevalent according to their records and the ones that pose the most threat to residents because they persist.

Different Modes, Same Scams

Some scams, like the CRA scam or bank employee and police scam, simply have the same pattern but can take so many different forms, making people fall for them again and again because each scenario can seem so convincing. It can take the form of a bank employee pretending to want to fix an internal fraud, tricking the victim into disclosing personal details and then the scammer using those details to commit more fraud. It can also take the form of a call from someone pretending to be the police or the CRA giving a warning of arrest for an alleged missing payment. Some variations involve a caller pretending to be a relative of the victim or a lawyer saying that there has been a serious car accident and bail money is needed as soon as possible. The same scenarios play out, in which the victim is targeted and made to panic to be more malleable for manipulation. Victims are then told by the scammer to buy huge amounts of gift cards and forward the gift card information to scammers over the phone, or to make a cash deposit into a Bitcoin ATM.

As for Rental Accommodation Fraud, fake landlords target prospective renters on buy-and-sell websites and are asked for a deposit to make sure that the property to be rented is reserved for them. After sending the deposit payment, the rental property turns out to be unavailable or doesn’t exist at all.

Paycheque Redirect and Company Invoice Scams target businesses by sending fake invoices that look like they were from a legitimate employee or customer. The email address used is fraudulent and usually only discovered after payments were already maid via direct transfer to a new bank account under the scammers’ control.

Employment Scams target victims that are looking for work using online services. Scammers pose as a new employer and send the victim a cheque that the victim is instructed to en-cash and deposit to another account either using Interac e-transfer or a Bitcoin ATM. The cheque turns out fraudulent later and the victim has to cover the money sent.

Be Vigilant and Beware

Residents are reminded by Peel Police to never send e-transfers unless they are sure that they are dealing with a reputable service with a guarantee for loss-prevention. Depositing cheques from an unknown source and then transferring the money to another account is also a form of money laundering which has severe consequences. It is best to be vigilant and not very trusting of people online or calls from unverifiable sources.

If you think that you or someone you know maybe being targeted for a scam, be sure to contact the local authorities in your area for a report. If you’re concerned about finding out more and whether your information may have been compromised, contact us to avail of our private investigation services for fraud prevention.

 

The Growing Need for Internet Dating Investigations

Scammers are everywhere online and offline. One of their favourite ways to scam people these days is via social media, email, and dating apps and websites to take advantage of those who are looking for love online. By going for an internet dating investigation, you can be sure that the person you are talking to is who he or she claims to be plus help avoid theft and fraud.

Watch Out for Internet Scams

Online dating scammers often create fake profiles using fake photos, information, and name all chosen to attract the type of victim they want. Once they have contact with a target, they will gain the trust of their targets using heartfelt conversations, loving words, and gifts to manipulate the target and to divert attention from their real identity.

Why Conduct Online Dating Investigation?

An online dating investigation is done to reveal a person’s real identity and motives. A private investigator will conduct extensive background checks, gather information across various platforms, trace messages from the original sources, and maybe find out other personal details. The information will be shared with the victim for his or her peace of mind. The information will also uncover potential criminal activities and prevent fraudulent activities from happening by providing the data to the right authorities.

What Are Common Internet Dating Scams and Other Fraudulent Activities?

There are many types of internet dating scams, but the most common ones are the following:

  • Catfishing is when a scammer uses someone else’s photos and identity to have a relationship with someone.
  • Internet scandal is when a scammer is actually a con artist who will try to grow close with a victim and ask for intimate photos and initiate intimate conversations. Once they have enough material, they will publish the information online and only unpublish in exchange for a large fee. There is no 100% way that anything published will be fully removed because other people have access to it.
  • Money laundering is when a scammer will ask the victim to transfer money or send goods for them like stolen laptops and cellphones. Some scammers ask the victims to forward cash checks and packages for them.
  • Swindling is the most common online dating scam. A scammer will gain a victim’s affection and trust and then request for help or money for what seems like valid reasons such as a medical emergency or an accident. Once they got some money or when the victim has nothing left to give, they cut contact.

How to Avoid Internet Dating Scams

Attention to detail is very important to avoid internet dating scams. Some signs may not be so obvious but are there if you know where to look. You can ask to meet in person to prevent catfishes. You can note profile inconsistencies like age and photos. It is better to keep a slow pace because scammers will try to fabricate intimacy as soon as possible by asking for personal details and declaring love early on. Try to use the dating app or site to communicate or use an email that isn’t what you normally use. Look for grammar inconsistencies as well as sentences that do not make sense can mean that the scammer may simply be copy-pasting messages. Lastly, do not send money, objects, or your personal information to someone you haven’t met in person.

Are you or someone you know dating someone online who might be a scammer? We can help at Haywood Hunt! Our private investigators offer a myriad of private investigation services that can flush out and identify a scammer so that you can have peace of mind. Contact us today!

Income Exaggeration When Applying for Mortgage is Fraud

Canadians are finding that it has become increasingly difficult to qualify for a mortgage lately, especially after several mortgage stress tests were implemented. In relation to this, a recent Equifax Canada survey revealed that a lot of Canadians are willing to commit fraud if it meant qualifying for a mortgage.

What is Mortgage Fraud?

Mortgage fraud is when a person, a real estate agent, a lawyer, or a mortgage broker or agent, exaggerates, misrepresents, or lies about information to obtain a mortgage that wouldn’t have been approved if the applicant’s true information was shared.

The recent Equifax Canada survey revealed that millennials are at double the risk of lying about their annual income as compared to the general population, as shared by Equifax Canada director of consumer advocacy Julie Kuzmic. She voiced out that it is concerning to note that young adults see no issues with inflating their income in order to buy the home they want. Note that any attempt to misrepresent data when applying for a mortgage is fraud. When people take mortgages that may be too high for their real income, they could end up having trouble paying and have more debt.

It Won’t Hurt to Be More Careful

Failing to pay mortgage payments in full and on time can have a marked negative income on credit scores and credit history. A small lie during the mortgage application process can have severe legal consequences later when the lying party realizes the repercussions of having a mortgage that one cannot afford. Equifax Canada wanted to share this information to the public to stop them from making mistakes that can have a severe negative impact on their credit history.

The recent survey further revealed that the majority of respondents do think that mortgage fraud is a growing problem. It also brought to light the fact that most consumers are not checking their credit scores prior to deciding to apply for a mortgage. 60% of the respondents admitted to not checking their credit scores before contacting a lender for a mortgage. This number is high, but a bit lower than the 68% who said the same in a similar survey in 2014.

Kuzmic says that mortgage lenders tend to examine credit scores closely, along with information such as income to have a better assessment of an individual’s ability to pay back a loan. Having a spotty credit history certainly won’t help and will probably mean getting a higher interest rate.

Stressed About Stress Tests

About half, or 48% of the respondents shared that they think the government should relax the mortgage stress test for first-time buyers. 38% shared that they think the government should simply eliminate the stress test.

Are you a lender who is having trouble verifying mortgage applicants’ information such as their income, their work, and other important data? Contact us and we’ll be happy to discuss how our private investigation services can help you in your business. We crack down on mortgage fraud and we do it stress-free!

Equifax Finds that 23% of Millennials Are Committing Mortgage Fraud

As much as 23% of millennials are lying on their mortgage application and think it is justified, according to what was found out by Equifax. They truly think that there is nothing wrong with inflating their income on their mortgage applications.

Eye Opening Survey

Equifax’s latest survey reveals that approximately 23% of millennials who are applying for mortgage thinks it is acceptable to inflate their annual income so that they can qualify for the mortgage they are applying for. Note that Equifax’s survey is about mortgage fraud.

Equifax surveyed 1,545 Canadians from across the country. 23% of millennials think inflating one’s income is totally fine. Almost double from the 12% who think the same from the entire population.

In a press release, Equifax Canada director of consumer advocacy Julie Kuzmic says that inflating income or manipulating it in any way for a mortgage application is fraud. It can also become a problem because people may take mortgages they can’t truly afford and end up spreading themselves too thin and garnering debt that could spell trouble in the future.

A huge mortgage means bigger monthly payments. Failure to make monthly mortgage payments can have a negative impact on one’s credit score and credit history. Equifax Canada is one of the country’s main credit bureaus and provides Canadians with free credit reports.

Legal Ramifications

19% of the millennials surveyed admitted that they are downright not truthful in their mortgage applications while some of the 18 to 34 year-old crowd said they thought exaggerating their information is acceptable. Kuzmic says people can end up facing a lot of legal consequences later if they fail on their mortgage payments.

More Survey Reveals

What is interesting is that 16% of those surveyed believe that mortgage fraud is a victimless crime. 23% of millennials surveyed share the same sentiments. More so, the survey found out that Canadians have not been checking their credit scores too. More than half of those surveyed revealed that they do not check what credit score they have before applying for a mortgage. The numbers are a bit better compared to 68% of Canadians who did not do the same in an old Equifax survey from 2014.

According to Kuzmic, mortgage lenders require a minimum score of between 600 to 680 to get mortgage approval. She added that mortgage lenders often scrutinize various factors along with the credit scores. It is an industry-standard for lenders to check other factors such as a borrower’s income and ability to pay back a loan. She added that having a spotty credit history isn’t ideal if applying for a loan to receive funding for a huge purchase.

The survey’s findings are concerning because of what it means for the mortgage industry overall. Traditional lenders already have a difficult time verifying borrower’s income because of how they are regulated; this adds another layer of challenges for both lenders and borrowers. Some respondents also stated that this behaviour could be because of the mortgage stress test for first time home buyers. The test renders a lot of young Canadians with little to no chance of buying a home.

One thing is for sure and that is mortgage fraud of any kind is just not going to help any party in the long run. If you’re a mortgage lender and need help verifying the information submitted by borrowers or want to conduct background checks on borrowers, we’d be happy to help at Haywood Hunt & Associates. Contact us today for a consultation on how our private investigation services can benefit your business.

The Fight Against Mortgage Fraud in Canada

Canadians, in general, are usually easily content and have a tendency to just go with the status quo. The good thing is that this way has served us good during various economic issues such as the financial crisis of 2008. Unfortunately, mortgage fraud has risen up so drastically in the past few years, reaching 52%, that complacency with the current situation just isn’t enough.

The Dirt on Mortgage Fraud

It is no secret that the mortgage application and approval process in Canada has become a lot trickier in recent years with the introduction of policy changes and various regulations meant to give better protection to prospective homebuyers.

With the above changes, things have increasingly become complicated for borrowers and brokers when it comes to getting a loan but interestingly, the susceptibility to mortgage fraud has undergone nearly no change.

The unpleasant truth is that the way a mortgage is designed in Canada makes it easy for fraudsters to cheat the system. For instance, the borrower process is too heavily reliant on information and documents provided by the borrower, making it an easy point of entry for the fraudster. Why are things this way instead of lenders getting the information straight from respective sources is a big question. An easy fix will be to change the process and require information to come only for specific sources.

Available Technology Needs Harnessing

Canada is lagging behind the United States and the United Kingdom about having information come from specific sources only but the technology to make things harder for fraudsters does exist in Canada. Finicity, Flinks, and others are third-party applications that make it possible to get important information on funds, payments, and income directly from a consumer’s bank account data. This technology is not yet available to the mortgage industry but it shouldn’t be difficult to make it happen.

The CMHC initiated a similar preventive measure for Canada Revenue Agency so now they have a direct role in verifying income. This data will provide direct access to the borrower’s Notice of Assessment if the borrower consents.

There is little to no progress to this actually happening despite Canadians supporting the move for an improved process. The CRA definitely needs to have a formal program to access data and the CMHC needs to help guide this process.

Combating Mortgage Fraud

It is for the interest of everyone, lenders, borrowers, and mortgage professionals to champion against mortgage fraud. Industry regulators just don’t have enough resources to fight against it on their own. What is best is if an amendment could be made to the overall lending process. This amendment will make it easier for lenders to keep lending with less interference and risks.

Are you a lender who is worried about a possible fraudulent data from a borrower? Let us at Haywood Hunt, verify information for you! Our private investigation services can dig for information as well as alert you for inconsistencies that may spell disaster for you. Contact us today for details.

 

Toronto Immigration Firm Charges $170K for Fake Jobs in Canada

Toronto is one of the best places to live not only in Canada but in the world. A lot of people want to move to Toronto and a huge number are from overseas. Unfortunately, some crooks are taking advantage of this and charging would-be Chinese immigrants exorbitant amounts for immigration opportunities.

Immigration Scam?

A Toronto immigration firm was found out to be charging as much as $170,000 to cover a would-be immigrant’s paper trail, wages, and employer’s fee as unveiled by an undercover CBC journalist. The journalist posed as a Chinese National who wants to seek permanent residence in Canada. Those who want to be an immigrant with the help of WonHoTa Consulting Inc. have to pay the $170,000 fee directly to the personal account of WonHonTa’s sole director (done to get out of paying taxes). More details about how everything worked with WonHonta was shared via WeChat by Jiacheng Song, manager of Nanjing Youtai Investment Consulting Co. Ltd, an affiliate of the immigration firm. Song wrote that they have employers who work with them in exchange for money. The employer gets paid for sponsoring clients for immigration and in turn, makes easy money while getting free labour for half a year.

Fake Jobs for Permanent Residency

Simply put, WonHonTa Consulting offers fake jobs to aspiring immigrants as shared by Vancouver immigration lawyer and policy analyst Richard Kurland. This practice is illegal and hurts the integrity of the Canadian immigration program plus also affects legitimate immigrants who follow the rules.

The truth is, real jobs are not easy to find and very few are really good opportunities. Nanjing Youtai finds Chinese nationals who want to immigrate to Canada and refers them to Toronto-based WonHonTa. For the undercover journalist, Song recommended that he consider Atlantic Canada or Saskatchewan because it is a lot easier to get to them with lower requirements and shorter waiting times. Song further shared that in the past year, he was able to get about 10 Chinese nationals to Saskatchewan and about 12 to Atlantic Canada.

WonHonTa promotes employment to a range of skilled jobs via WeChat. They mention daycare workers, sewing machine operators, welders, and more. They also claim to have a national network of headhunters who recruit willing employers and states that some of them are even government immigration officials. They claim to help a lot of people find success and so that justifies their increasing fees. They also say that without a certain fee, employers won’t want to be a part of their operations. Note that foreign workers need to prove that they are employed in a skilled profession in Canada so that they can qualify for permanent residency.

Tracking the Fraud

The people behind WonHonTai and Nanjing Youtai repeatedly told the undercover journalist that it is unlikely that their scheme will ever be uncovered. They also said that if the immigrant will choose to work in the Canadian company that sponsored them for real, they will get back some of what they paid in the form of wages. The concerning detail is that they claimed that they will also provide the necessary documentation should the immigrant choose not to work, just to make things look good on paper and make it seem like the immigrant is employed. There are more details but it took someone going undercover to flush out the truth.

Perpetrators of fraud are getting smarter. It is best to be on the lookout and be wary of offers that seem to good too be true or too easy. If in doubt about a possible fraudulent work opportunity in Toronto, it is best to stay informed and maybe consult private investigators in Toronto for help. Contact Haywood Hunt & Associates today!