@@cliffm8112 lol I was going to say that too. I just let it ring, don't even touch it, otherwise they know that phone number has someone on the other side.
Do you realize that a large part of this problem comes from the fact that this country is being bled-dry by politicians and corporations, and the deals they make among themselves? Do you realize the 1.2 billion dollars we spend on state-run television is only the tip of the iceberg? DE-FUND the CBC
How can someone target seniors and disabled , they should all be given a punishment that they will remember all their life. Shame and such a disgrace on man kind . Thanks market place
This is one of the few times the government needs to step in and void any and all of the contracts in these scams. Banks and other other companies involved should have no ability to stop the governments intervention. Our top national security agencies should be used to identify, track, and convict all those involved.
People did this to my mom before I moved in to help her. They charged her $30, 000. They came back to try to get her to sign a mortgage - but I was home and after I grabbed my ax and chased the bastard away they never came back!! I'm sure there is some politician involved for them to keep getting away with this sh!t!!!! Greg helped us out a lot - he's a great lawyer!!
How is this legal? Whoever the "lender" is, they should be investigated immediately for fraud and have their lending licenses revoked. Whoever the CEO is, he or she need to be prosecuted to the full extent of the law.
Oh my dear Lord. As a retired mortgage advisor of over 20 years I am just appalled livid upon these fraudsters to take advantage and my compassionate tears goes out with prayers and justice for these home owners 🙏🕯️
Carl shouldn’t have to pay one cent and should even be paid for the stress he has gone through. Scammers are despicable. Older seniors are from an era when people were a lot nicer and they don’t expect to be cheated. Scammers have no scruples, they have no heart. You can’t trust anyone these days.
Given that there appear to be so many scams and so few scammers being caught and jailed, it looks like our country isn't taking this problem seriously enough. That needs to change.
It's a complicated situation. Older ppl fiercely protect their independence and who can blame them? And like most scam victims their embarrassed that they fell for it and so keep it to themselves. Laws need to be modified so these scammers can be charged and convicted if they do this type of thing. I agree they shouldn't answer the door but many older ppl are lonely, they've been isolated for years bc of covid. Also, many ppl have no family. Education for prevention and law reform need to happen to help stop these vultures.
can't believe this is the world we live in. and even big companies scam too, i got scammed twice by phone a company when i lived in Canada for 2 years. couldn't believe it. Thank you Marketplace for what you do
This is utterly shocking, and not surprising because the government has been too lenient by NOT taking any action against various forms of FINANCIAL CRIMES! This has embolden these fools! 😢
When I started watching it, I had an instinctive feeling that Indians would be involved in this. And I am not wrong. Btw, I am an Indian and it's ok to use the community's name... These people should be sued and stripped of every penny they own and then put in jail forever
Mr Naidu I applaud your comment, I imagine your are disgusted that this minority continues to disgrace the majority of your community. In cases where it is possible, after paying fines and serving prison time, loss of citizenship and deportation should then be reviewed. I was informed and warned that this could be the case when I immigrated many years ago. There needs to be a heavy deterant for anyone involved in crime especially on the most vunerable.
@@alanmcclelland5245 agree. The Canadian system is too kind on financial crimes and these crooks take advantage of it. I deliberately avoid agents/brokers/salesmen from my community. Not everyone is a crook but there are just too many to take a chance.
@@kranthikumarmuppasani What data do you have to suggest it is ‘Gujarati’ businessmen? It is ONE thing to call out the individuals who perpetrated the crime (e.g., Ranjit Dhillon/Anant Jain) vs. targeting the entire community. Be very careful with such labeling, because there are MANY that are honest in their day to day engagements/operations vis-a-vis their business dealings! Having said that, I have NO mercy for these scamsters! They should face the WRATH of the law and rot in jail with huge FINES! 😢
I had the same feeling. It's unfortunate that that's people's first instinct to think that. That being said that's not the only community scamming people. Our current prime Minister is a perfect example.
My elderly father put his house in both our names (only child) so any mortgage registered would be sent to both owners….just saying it’s a safe guard and crooks like this could not get away with this 💩
Do you own your own home? The reason I ask is if you do, that would put you as partial owner of a second property and therefore are subjected to extra taxes. (I think so anyway). Thst s the only reason we haven't done this already. My mom and I were just talking about this the other day.
Kudos for this example of genuinely good journalism! Housing should be a very basic right for people above all for the climate condition we have in Canada. If this is not possible, at least we have to protect people form this kind of fraudsters in usury who exploit legal loopholes to extort money from vulnerabilities of people.
Some of these old people need to start trusting their family members to assist them. They would prefer to trust some stranger who knocks at their door, more than their families.
Never let anyone work on your house until they produce a contract of what they are going to do and the cost and have your own money or financing in place to do the job and never talk to strangers who show up at your door
So many sick scammer’s preying on the innocent these days and they come in so many ways. I’m so glad we have this type of investigators looking into these situations. Thank you! I hope the victims find peace.
I am looking forward to a follow up of this investigation. The municipal, provincial, and federal governments should collectively look out for the interests of our seniors. The homes that have been snatched away should be returned back to their rightful owners along with a substantial compensation. Unfortunately, I see an outcome where the criminals will walk away without significant penalties.
The problem is they signed the document and contract law is very strong in Canada. The lawyer involved in this def needs to go to jail. Same with banks. How do you approve paperwork if the person isn’t physically there! Where’s the ID identification process?
It's impossble when judge and jury are the same people who did it in the first place. They are all Chinese/Indian scammers, they bribe the media and judges, and then send $ back home. What a wonderful country.
These criminal scam businesses need to be shut down immediately. And never allow those criminals to open another one EVER. And these people should be prosecuted in a court of law. The families of these older people need to get Power of Attorney over them. They're vulnerable and should be protected
If you have elderly relatives put a security system in their house that calls your phone whenever someone is at the door, with cameras & audio outside & inside so you can hear and speak back.
The punishment they may receive is very minimal when compare with what they got. The risk is being catch is so low compare with the money the earn. Sometimes I think the law and judge is helping them too.
They are, It's Canada, it's not some coincidence that they get away with everything and it takes the media ages to catch up. Even once they are publicly shamed, they don't give out any details but I bet the first detail is, that they are either Chinese or Middle eastern
The lawyers should be disbarred for their participation in an obvious criminal enterprise and likewise the mortgage companies should lose their license to practice. The victims should band together and sue for restitution to claw back any money paid. I'm sure almost none of these signed contracts would be legally upheld if they were challenged.
I'm sure the lawyer sat them down and said it was a bad mortgage and they shouldn't sign it, then pushed the paper in front of their face with the "Sign here" tab next to it.
@@frankvonfrauner Several of the people in this segment are legally incapable of even signing contracts like these due to their mental state. They'd be voided if challenged. This sort of lender risk is why no intelligent mortgage company would ever partner with a criminal enterprise to lend money like this.
Wait, aren't contracts signed under false pretences or under duress automatically null and void? Why would these people be on the hook for these bills when what really happened was people broke in, vandalised the home, then left a pretend bill as part of a scam? How is it possible for a lien to be taken out against a home over a fraudulent charge the homeowner doesn't know anything about? Wouldn't that mean I can just take liens out on Trudeau or Ford's home and they'd actually have to pay?
@@mikew.to1 So if I write someone else's signature onto a contract they've never once seen, a court will uphold the conditions of that contract because the other person can't prove they didn't read then sign it??? Brb, signing Trudeau up for a mortgage
Don't they need to get the loans, then the mortgages approved first.? Wouldn't the banks not approve such loans or 2nd mortgage? I am confused how this could happen. Aren't there safeguards? Also, shouldn't fraudulent loans or contractors' agreements be deemed invalid and these seniors be off the hook. This just doesn't make any sense. Horrible absolutely horrible 🤬
They have a shady lawyer who's drawing up the documentation and once signed they take out loan on the mortgage through a private lender. Homeowners lose the house. At 25% you couldn’t cover the payments and thus an eviction notice. I’d call your bank and ask for a copy of the deed or go the land registry office and get a copy. Once the documents are signed it’s legally binding.
They would qualify if a good percentage of the home is already paid off. They don't care about it being approved bc when the victim can't make the payments, the thieves can take possession of the home.
The Governments should protect all of us by having tougher regulations especially involving elderly. They should shut down these small shady mortgage companies, disbarred unscrupulous lawyers and jail the scammers! The white collar crime punishment is laughable! 😡😡😡👎👎👎
@@mikew.to1 You are correct because you are still healthy enough to think logically but wait until you are old then people will take advantage of you. These people may include members of your family or friends. 🙏🙏🙏
This’s a criminal organization,no difference them human trafficking, drugs smugglers , money laundering. unfortunately older people seems to trust to scam artists, it’s alway good to keep on eyes on your elderly folks to see what are they doing without supervision and many times preyed in people that don’t understand what’s going on, the law should be on the side of this poor people, this highway rubbery
This happens in the states, from walk in tubs ( way overpriced ) to carpets ( just sign here ). Surprisingly common and under reported. Thanks for this story, folks talk to you older relative's and have them call you before they sign anything.
Anyone fleecing anyone - seniors especially - with any sort of scam should get an automatic 20 years in prison with hard labor and no possibility of parole. That put and end to it all PDQ.
For the love of gawd people, PLEASE tell the elders in your family to NEVER NEVER EVER open their door to anyone unless it is someone they know or are expecting. SCAMMERS are ORGANIZED CRIME, and it needs to stop!
Les aînés et les enfants sont la victime facile , c’est triste et malheureux de voir qu’il y’a des gens aussi cruels et lâches dans le monde …. C’est juste triste .
Hi David and CBC!! Thanks so much for making these marketplace videos. It is informative and helpful, please keep this up and protect Canada for the rest of us. As a young person, it is getting scarier and harder as I hear different real-stories that are happening here. Awareness for crimes like these is definitely not high enough so please keep making these videos and increase awareness. You all are making a difference
it's not a scam if it is legal, unfortunately Canadian law cant keep up with the new scams and this is all legal. so long story short don't be scammed and educate yourself.
Educate yourself… hope you will stay in good health all the way of your life … but think of those elderly people chronically disabled and mentally unable to understand … ( results of stroke or …)
Having people enter into a mortgage agreement unwittingly is illegal. There also seems to not have been proper independent legal advice given - also illegal. The home upgrades are in a grey area of fraud, unfortunately, and more of a civil matter.
@@MichaelCurryMortgage well then, no one should be in fear of losing their home in this case. since the mortgage was illegally transferred over there should be no issue and it should not have been able to be done in the first place. please explain further if I am mistaken.
@@anthony.m.morgan Unfortunately, the onus may be on the homeowners to prove it and fight it in court. The police investigation may not conclude quickly enough to be helpful. A sad situation for the victims for sure.
These people involved had no knowledge they were signing up for a mortgage, they thought they were getting upgrades and renovations. They were duped, scammed etc, into signing paperwork that they were unclear on.
Go to jail for what? They offered a contract to a person, and the person signed it. They know who did it, the paperwork is legal. The victims went to the lawyer of their own free will, signed mortgage documents that had all this information on them. When you try to tell some of these people that they're being scammed, the get belligerent and double down on it. They decide you're the problem and they trust the scammer. If you want to stop things like this from happening, you need to make it easier to take away signing power from incompetent people, and it's pretty obvious what would happen if you did that.
Sounds similar to what Kurt Browning advertises … reverse mortgages. You may think you’ll never fall prey to this, but you never know. We should protect the vulnerable members of our community - may be us one day.
This is not the same as a reverse mortgage. I do not know who Kurt Browning is or what he advertises, so maybe he is advertising a scan, I have no idea. But a real reverse mortgage from a reputable mortgage company is not a scam.
@@mikew.to1 A reverse mortgage isn't much different than a home equity loan except you don't make monthly payments. Because no payments are made, interest compounds, just like unpaid credit cards. So you have to be aware of how the principal balance increases. You also have to know what the other restrictions are, such as continuing to live in the home, etc. It can be a great way to get equity out of a home without having to sell your house as long as you are aware of what the restrictions are and how quickly the balance escalates.
The craziest thing, is these people basically give the scammers a pass. If someone did this to MY parents, especially for half a fkn million dollars, either the court is going to to handle it, or I am, PERIOD.
Rules to live by: 1, do not answer the door. 2, do not answer the phone. 3, do not be polite to strangers. I'm gonna be the meanest old lady you ever met. GET OFF MY LAWN!!!
Make a law that requires lenders to independently contact the homeowners and verify that the mortgage is what they wanted. Give the homeowner time to consult with his/her representative. If the mortgage is being obtained under false pretenses, then no mortgage.
The question is how this scammers get that information that these people are easy target and own a house ? Someone who has this information is helping them to get to them.they are not knocking doors and they find a victim , it got to have some social worker or someone that knew their condition. Hope they get to the bottom of this , it is unacceptable that people loose their house that easy !
There use to be a law in some Canadian provinces where one had a time factor in which to get out of a contract if made with a company that approaches you at your home (eg door-to-door salespeople). It was considered high pressure sales and the time factor was a cooling-off period. If this law was nation-wide and if the public was informed of it, then it could help deter some of these scammers. Serious jail time would also be a great deterrent. Great work Marketplace.
Wow that is so messed up. 😢 Yall dont even realize we will all at some point become senior citizens or an accident away from a serious brain injury this is heart breaking especially if you dont have anyone to stand honestly behind your back.
As far as I'm concerned, scammers should be right at the top of the list with murderers when it comes to prosecution - they might be even more heartless than murderers, IMO. And, yes, it is very important that we check in regularly with our elderly/disabled loved ones and ask questions about phone calls/mail/visits they've been getting.
Its heartbreaking to see people using evil tactics to target seniors and disables. Nobody should ever go thru this. I hope govt do something and dismisses those mortages. May the wrongdoers be severely punished.
Definitely. Unfortunately, many of these seniors live alone and may not have the same level of awareness/mental capacity. Hopefully everyone involved in this scam are charged.
The scammers took the money. Once the fraud lawyer drafted up the mortgage papers and signed by the elders they were screwed. The premise of the lien just expedited the eviction process. The scammers took the mortgage to a third party lender and at 25% you’d be screwed.
RULE #1 OF LIFE: NEVER OPEN THE DOOR TO ANYONE YOU’RE NOT EXPECTING. EVER.
Yes to both comments. It’s terribly sad it’s come to this.
also stand your ground. if threaten you threaten back. get off my property or youll get shot.
@megidiot Tell that to the guy who opened the door for Darrell Brooks 😂
Hell I don't even answer my phone if you're not in my contacts,
@@cliffm8112 lol I was going to say that too. I just let it ring, don't even touch it, otherwise they know that phone number has someone on the other side.
I'm so grateful for Market Place. Thank you for looking out for all of us 💟 I'm not a victim, but I understand their pains
💔
wow Brampton! who would've known this?!?! Canada brings in the best people from a country known for call centre scams.
I agree. More investigative journalism like this should exiy
Me too
DE-FUND CBC NOW ! ! !
We don't need to be spending 1.2 billion dollars on biased state-run television
Do you realize that a large part of this problem comes from the fact that this country is being bled-dry by politicians and corporations, and the deals they make among themselves?
Do you realize the 1.2 billion dollars we spend on state-run television is only the tip of the iceberg?
DE-FUND the CBC
These scammers should be punished severely. It is so inhumane to target our vulnerable populations.
The police should make a big example out of these fraudsters by charging heavy fines and jail time
Not in ✨Canada✨ 🇨🇦
Only decent people get punished in Canada.
The police do not charge anything, it's not their job.
nah keep voting trudopia, criminal just needs a cuddle and love 🥺
Police have nothing to do with fines or jail time. That's the judge and justice system that needs to change
These people were forced to pay 25% interest rate....catch the lawyer and mortgage broker and jail them forever. These guys are criminals.
They also forget the document. This is a crime. No one would sign a 25% mortgage.
How can someone target seniors and disabled , they should all be given a punishment that they will remember all their life. Shame and such a disgrace on man kind .
Thanks market place
Life in prison is a good start
It's a lein. A tale as old as time.
@@mikew.to1 thank you for clearing that up for me. I spoke in ignorance.
simple they are asian, so they are morally skewed.
They should have their life, revoked.
These people need to be prosecuted and go to jail for a very long time
They should be criminals know there is no punishment with the lunatics in charge in Canada so it will just continue.
They're not doing anything illegal. This is just an offshoot of a reverse mortgage. Basically the same thing just the interest rate is a lot higher.
@@nickyfurlano8531 it is illegal, its fraud
@@nickyfurlano8531 found the scammer 😂
@Charles Hines You're one person in one state. Your anecdotal evidence is meaningless and your tough guy act is laughable. Stay home with your guns.
This is one of the few times the government needs to step in and void any and all of the contracts in these scams. Banks and other other companies involved should have no ability to stop the governments intervention. Our top national security agencies should be used to identify, track, and convict all those involved.
But these people pay bribes in advance before scamming people that they will not be touched.
You're absolutely right and this is the tip of the iceberg there are many private predatory lending organizations
They'll never do that to a organization that is largely from one ethnic group, unless that group is British or German.
Yes, absolutely!
After all, isn’t it just a form of theft?
A judge should just void every single contract for duress, undue influence and fraud.
possible.
Definitely
Absolutely pathetic using seniors into these kinds of financial frauds. Need strict laws and jail times for those doing it.
Honestly bro. I'd be really happy if CBC started to name these scammers.
People did this to my mom before I moved in to help her. They charged her $30, 000. They came back to try to get her to sign a mortgage - but I was home and after I grabbed my ax and chased the bastard away they never came back!! I'm sure there is some politician involved for them to keep getting away with this sh!t!!!! Greg helped us out a lot - he's a great lawyer!!
@@FirstnameLastnames Lizzie Borden? Is that you?
give them 40 whacks
These scammers must be put in jail without parole!
Fire squad
Thank you Marketplace for making us all aware of the dangers we all face. I hope these criminals are caught and put away for life.
CBC Marketplace creating awareness and motivating change for problems affecting all of us in Canada. Thank you!
my heart melted after seeing Karl, how can people be so heartless
I am a private detective in New Orleans and have worked on some title and mortgage fraud cases, but this mechanism is truly bizarre and convoluted.
Market place is initself the best example for funding public broadcasting and news . Thank you
Agree
How is this legal? Whoever the "lender" is, they should be investigated immediately for fraud and have their lending licenses revoked. Whoever the CEO is, he or she need to be prosecuted to the full extent of the law.
The same thing happened to my mentally ill vulnerable sister she had 4 mortgages she wasn’t aware if….she was preyed upon…honest journalism!
😢😢
We should form an agreement with North Korea. Scammers should be arrested and sent to North Korea labour camps.
Oh my dear Lord. As a retired mortgage advisor of over 20 years I am just appalled livid upon these fraudsters to take advantage and my compassionate tears goes out with prayers and justice for these home owners 🙏🕯️
Centum mortgages branch owner Ranjit Dhillon and lawyer Anant Jain should be ashamed of themselves.
Those sound like some really Canadian names too, why are we letting scammers into our country?
@@mathewscott9453 Canadian? How those names feels Canadian ? it is more of Indian
@@grandadmiral3181 The sarcasm is lost on you
@@shirjeel20 sorry no inglish
@@mathewscott9453 those names are brampton, not indian.
Carl shouldn’t have to pay one cent and should even be paid for the stress he has gone through. Scammers are despicable. Older seniors are from an era when people were a lot nicer and they don’t expect to be cheated. Scammers have no scruples, they have no heart. You can’t trust anyone these days.
Are we living in Canada? How could this be happening and no serious action is being taken against these fraudsters???????
I'm still shaking. I hope they will catch them all.
you won't like it but they don't say anything in the media because, asians are well protected.
Given that there appear to be so many scams and so few scammers being caught and jailed, it looks like our country isn't taking this problem seriously enough. That needs to change.
No consequences
So sad for these vulnerable elders. But why would they even open doors to strangers? And why didn’t they called their kids and tell them right away
It's a complicated situation. Older ppl fiercely protect their independence and who can blame them? And like most scam victims their embarrassed that they fell for it and so keep it to themselves. Laws need to be modified so these scammers can be charged and convicted if they do this type of thing. I agree they shouldn't answer the door but many older ppl are lonely, they've been isolated for years bc of covid. Also, many ppl have no family. Education for prevention and law reform need to happen to help stop these vultures.
can't believe this is the world we live in. and even big companies scam too, i got scammed twice by phone a company when i lived in Canada for 2 years. couldn't believe it. Thank you Marketplace for what you do
It's not the world we live in. It's the country we live in
This is utterly shocking, and not surprising because the government has been too lenient by NOT taking any action against various forms of FINANCIAL CRIMES! This has embolden these fools! 😢
NO FN WAY. NO WAY. KICKED OUT OF CANADA. NO TAXES GOING ANY FURTHER TO THEIR CRIMES.
100% agreed !!!
Thanks CBC FOR showing these scams! It's an eye opening to every Canadians
... and to us south of the border as well ... thanks!
When I started watching it, I had an instinctive feeling that Indians would be involved in this. And I am not wrong. Btw, I am an Indian and it's ok to use the community's name... These people should be sued and stripped of every penny they own and then put in jail forever
I agree, financial fraud and definitely one of our ethnic group is there. Especially from Gujarati business men
Mr Naidu I applaud your comment, I imagine your are disgusted that this minority continues to disgrace the majority of your community. In cases where it is possible, after paying fines and serving prison time, loss of citizenship and deportation should then be reviewed. I was informed and warned that this could be the case when I immigrated many years ago. There needs to be a heavy deterant for anyone involved in crime especially on the most vunerable.
@@alanmcclelland5245 agree. The Canadian system is too kind on financial crimes and these crooks take advantage of it. I deliberately avoid agents/brokers/salesmen from my community. Not everyone is a crook but there are just too many to take a chance.
@@kranthikumarmuppasani What data do you have to suggest it is ‘Gujarati’ businessmen? It is ONE thing to call out the individuals who perpetrated the crime (e.g., Ranjit Dhillon/Anant Jain) vs. targeting the entire community. Be very careful with such labeling, because there are MANY that are honest in their day to day engagements/operations vis-a-vis their business dealings!
Having said that, I have NO mercy for these scamsters! They should face the WRATH of the law and rot in jail with huge FINES! 😢
I had the same feeling. It's unfortunate that that's people's first instinct to think that. That being said that's not the only community scamming people. Our current prime Minister is a perfect example.
My elderly father put his house in both our names (only child) so any mortgage registered would be sent to both owners….just saying it’s a safe guard and crooks like this could not get away with this 💩
Do you own your own home? The reason I ask is if you do, that would put you as partial owner of a second property and therefore are subjected to extra taxes. (I think so anyway). Thst s the only reason we haven't done this already. My mom and I were just talking about this the other day.
Kudos for this example of genuinely good journalism! Housing should be a very basic right for people above all for the climate condition we have in Canada. If this is not possible, at least we have to protect people form this kind of fraudsters in usury who exploit legal loopholes to extort money from vulnerabilities of people.
Some of these old people need to start trusting their family members to assist them. They would prefer to trust some stranger who knocks at their door, more than their families.
Never let anyone work on your house until they produce a contract of what they are going to do and the cost and have your own money or financing in place to do the job and never talk to strangers who show up at your door
So many sick scammer’s preying on the innocent these days and they come in so many ways. I’m so glad we have this type of investigators looking into these situations. Thank you! I hope the victims find peace.
Put the scammer to jail for life.
And seize all their assets. Money talks
And deported them back to where they came from
This is completely inhumane to take advantage of seniors like this!! The police needs to get to the bottom of this and arrest these scumbags!!
I'm not Canadian, but I'd be going to the scammers' homes and confronting them personally, especially the lawyers.
good luck in finding them.. If you do, you need good friends in legal..
Less than 15 years jail, for scammers will be justice denied. 😡
I am looking forward to a follow up of this investigation. The municipal, provincial, and federal governments should collectively look out for the interests of our seniors. The homes that have been snatched away should be returned back to their rightful owners along with a substantial compensation. Unfortunately, I see an outcome where the criminals will walk away without significant penalties.
Our officials are too busy pushing their woke agenda
The problem is they signed the document and contract law is very strong in Canada. The lawyer involved in this def needs to go to jail. Same with banks. How do you approve paperwork if the person isn’t physically there! Where’s the ID identification process?
It's impossble when judge and jury are the same people who did it in the first place. They are all Chinese/Indian scammers, they bribe the media and judges, and then send $ back home. What a wonderful country.
These criminal scam businesses need to be shut down immediately. And never allow those criminals to open another one EVER. And these people should be prosecuted in a court of law. The families of these older people need to get Power of Attorney over them. They're vulnerable and should be protected
NO FN WAY. NO WAY. KICKED OUT OF CANADA. NO TAXES GOING ANY FURTHER TO THEIR CRIMES.
If you have elderly relatives put a security system in their house that calls your phone whenever someone is at the door, with cameras & audio outside & inside so you can hear and speak back.
This is so sad and wicked.
Please help them by all means! Put those crooks to jail!
Why am I not surprised about the Brampton connection😂
I am ashamed to be an Indian 😢
@@Jaggigee you guys are getting bad vibes in Canada
the people whom are known for call centres scams targeting seniors
USA gets all quality immigration from India PhD , masters , doctors .. Canada gets the left over , sorry but true
@@Jaggigee I don’t think you should be ashamed. Maybe you can do something about it to help redeem the image. You need to fight these people publicly
The punishment they may receive is very minimal when compare with what they got. The risk is being catch is so low compare with the money the earn. Sometimes I think the law and judge is helping them too.
They are, It's Canada, it's not some coincidence that they get away with everything and it takes the media ages to catch up. Even once they are publicly shamed, they don't give out any details but I bet the first detail is, that they are either Chinese or Middle eastern
The lawyers should be disbarred for their participation in an obvious criminal enterprise and likewise the mortgage companies should lose their license to practice. The victims should band together and sue for restitution to claw back any money paid. I'm sure almost none of these signed contracts would be legally upheld if they were challenged.
I'm sure the lawyer sat them down and said it was a bad mortgage and they shouldn't sign it, then pushed the paper in front of their face with the "Sign here" tab next to it.
@@frankvonfrauner Several of the people in this segment are legally incapable of even signing contracts like these due to their mental state. They'd be voided if challenged. This sort of lender risk is why no intelligent mortgage company would ever partner with a criminal enterprise to lend money like this.
I think you may find it wasn't really them that went to law school, simply a similar looking relative.
Wait, aren't contracts signed under false pretences or under duress automatically null and void? Why would these people be on the hook for these bills when what really happened was people broke in, vandalised the home, then left a pretend bill as part of a scam? How is it possible for a lien to be taken out against a home over a fraudulent charge the homeowner doesn't know anything about? Wouldn't that mean I can just take liens out on Trudeau or Ford's home and they'd actually have to pay?
@@mikew.to1 So if I write someone else's signature onto a contract they've never once seen, a court will uphold the conditions of that contract because the other person can't prove they didn't read then sign it??? Brb, signing Trudeau up for a mortgage
You're assuming Canada actually protects its citizens and doesn't allow for bureaucratic loopholes like this to exist.
There is a special place in hell for the criminal who are stealing from these poor elderly people
Don't they need to get the loans, then the mortgages approved first.?
Wouldn't the banks not approve such loans or 2nd mortgage?
I am confused how this could happen.
Aren't there safeguards?
Also, shouldn't fraudulent loans or contractors' agreements be deemed invalid and these seniors be off the hook.
This just doesn't make any sense.
Horrible absolutely horrible 🤬
They have a shady lawyer who's drawing up the documentation and once signed they take out loan on the mortgage through a private lender. Homeowners lose the house. At 25% you couldn’t cover the payments and thus an eviction notice. I’d call your bank and ask for a copy of the deed or go the land registry office and get a copy. Once the documents are signed it’s legally binding.
You are confused - so do I ! Anything can happen nowadays !!! Every time they " scammers" knock at my door i just ignore them😊😊
I think these houses were already paid for
@@nonsensechannel182 That makes it even sadder. Poor man
They would qualify if a good percentage of the home is already paid off. They don't care about it being approved bc when the victim can't make the payments, the thieves can take possession of the home.
THANKYOU MARKETPLACE...this is absolutely disgusting, and all involved should go to jail. These poor people😢
This is predatory and these people that committed these crimes need to be prosecuted to the full extent of the law.
The Governments should protect all of us by having tougher regulations especially involving elderly. They should shut down these small shady mortgage companies, disbarred unscrupulous lawyers and jail the scammers! The white collar crime punishment is laughable! 😡😡😡👎👎👎
What and which Government you talking about????????/ Banana Republic ????
@@mikew.to1 You are correct because you are still healthy enough to think logically but wait until you are old then people will take advantage of you. These people may include members of your family or friends. 🙏🙏🙏
This’s a criminal organization,no difference them human trafficking, drugs smugglers , money laundering. unfortunately older people seems to trust to scam artists, it’s alway good to keep on eyes on your elderly folks to see what are they doing without supervision and many times preyed in people that don’t understand what’s going on, the law should be on the side of this poor people, this highway rubbery
These liens should be ripped up and un-enforced.
I think CBC is not going far enough. The real question is, what law(s) need to be put in place to quickly strike down scams like that
Sick scammers preying on these elderly people.
This happens in the states, from walk in tubs ( way overpriced ) to carpets ( just sign here ). Surprisingly common and under reported. Thanks for this story, folks talk to you older relative's and have them call you before they sign anything.
I forgot to add, many times " sales person " may pose as government officials in some capacity.
I am so sorry for the victims and it is so painful situation.
Anyone fleecing anyone - seniors especially - with any sort of scam should get an automatic 20 years in prison with hard labor and no possibility of parole. That put and end to it all PDQ.
Such low life scammers😢😢😢. I am disgusted.
I like how they blocked out the license plate and pops back in at 15:40
Would it have helped if the property was in both the mom’s and daughter’s name….so sad to hear this story
The government should go after those people and those people come up with criminal charges and jail time.pure greed towards seniors.
A new federal government maybe that actually cares about people instead of criminals the get let out as fast as they get arrested.
They are, it literally says it in the video
For the love of gawd people, PLEASE tell the elders in your family to NEVER NEVER EVER open their door to anyone unless it is someone they know or are expecting. SCAMMERS are ORGANIZED CRIME, and it needs to stop!
Les aînés et les enfants sont la victime facile , c’est triste et malheureux de voir qu’il y’a des gens aussi cruels et lâches dans le monde …. C’est juste triste .
Please help them… 🙏
Hi David and CBC!! Thanks so much for making these marketplace videos. It is informative and helpful, please keep this up and protect Canada for the rest of us. As a young person, it is getting scarier and harder as I hear different real-stories that are happening here. Awareness for crimes like these is definitely not high enough so please keep making these videos and increase awareness. You all are making a difference
One call to that guy and it already sounds like a scam
it's not a scam if it is legal, unfortunately Canadian law cant keep up with the new scams and this is all legal. so long story short don't be scammed and educate yourself.
Educate yourself… hope you will stay in good health all the way of your life … but think of those elderly people chronically disabled and mentally unable to understand … ( results of stroke or …)
Having people enter into a mortgage agreement unwittingly is illegal. There also seems to not have been proper independent legal advice given - also illegal. The home upgrades are in a grey area of fraud, unfortunately, and more of a civil matter.
@@MichaelCurryMortgage well then, no one should be in fear of losing their home in this case. since the mortgage was illegally transferred over there should be no issue and it should not have been able to be done in the first place. please explain further if I am mistaken.
@@anthony.m.morgan Unfortunately, the onus may be on the homeowners to prove it and fight it in court. The police investigation may not conclude quickly enough to be helpful. A sad situation for the victims for sure.
These people involved had no knowledge they were signing up for a mortgage, they thought they were getting upgrades and renovations. They were duped, scammed etc, into signing paperwork that they were unclear on.
True journalism CBC you are a hero and I hope the fraudsters get caught
I hope these scammers burn in hell !!
I sincerely believe that theres a special place in hell for scammers like this🤬🤬
Hell 🔥🔥🔥 is where their souls will be.😭
I hope they find how did this and all of them go to jail for the life this so sad.
Go to jail for what?
They offered a contract to a person, and the person signed it.
They know who did it, the paperwork is legal. The victims went to the lawyer of their own free will, signed mortgage documents that had all this information on them.
When you try to tell some of these people that they're being scammed, the get belligerent and double down on it. They decide you're the problem and they trust the scammer.
If you want to stop things like this from happening, you need to make it easier to take away signing power from incompetent people, and it's pretty obvious what would happen if you did that.
how are these even legally binding
Sounds similar to what Kurt Browning advertises … reverse mortgages. You may think you’ll never fall prey to this, but you never know. We should protect the vulnerable members of our community - may be us one day.
This is not the same as a reverse mortgage. I do not know who Kurt Browning is or what he advertises, so maybe he is advertising a scan, I have no idea. But a real reverse mortgage from a reputable mortgage company is not a scam.
@@mikew.to1 A reverse mortgage isn't much different than a home equity loan except you don't make monthly payments. Because no payments are made, interest compounds, just like unpaid credit cards. So you have to be aware of how the principal balance increases. You also have to know what the other restrictions are, such as continuing to live in the home, etc. It can be a great way to get equity out of a home without having to sell your house as long as you are aware of what the restrictions are and how quickly the balance escalates.
The craziest thing, is these people basically give the scammers a pass. If someone did this to MY parents, especially for half a fkn million dollars, either the court is going to to handle it, or I am, PERIOD.
They all should be charged and if found guilty should go to prison for a long time for taking advantage of are elders.
Rules to live by: 1, do not answer the door. 2, do not answer the phone. 3, do not be polite to strangers. I'm gonna be the meanest old lady you ever met. GET OFF MY LAWN!!!
Make a law that requires lenders to independently contact the homeowners and verify that the mortgage is what they wanted. Give the homeowner time to consult with his/her representative. If the mortgage is being obtained under false pretenses, then no mortgage.
CBC Market place is great. If they were only this honest and transparent with everything they did we'd be in much better shape.
The question is how this scammers get that information that these people are easy target and own a house ? Someone who has this information is helping them to get to them.they are not knocking doors and they find a victim , it got to have some social worker or someone that knew their condition. Hope they get to the bottom of this , it is unacceptable that people loose their house that easy !
Could also be someone hired by public health who looks in on these folks on a weekly basis.
Great job exposing scammers. But please explain the scam clearly. I watched the whole video waiting for details of how it works.
I always say that don’t open the door, and let strangers come in your house😢
Company names please? And why keep saying alleged these are scams.
There use to be a law in some Canadian provinces where one had a time factor in which to get out of a contract if made with a company that approaches you at your home (eg door-to-door salespeople). It was considered high pressure sales and the time factor was a cooling-off period. If this law was nation-wide and if the public was informed of it, then it could help deter some of these scammers. Serious jail time would also be a great deterrent. Great work Marketplace.
Why can’t they take theses people to court, or how can they legally have them lose their homes? When it’s not legit to begin with ? Wth
This is heart breaking.
Wow that is so messed up. 😢 Yall dont even realize we will all at some point become senior citizens or an accident away from a serious brain injury this is heart breaking especially if you dont have anyone to stand honestly behind your back.
Thanks for the ads! No resolutions or guilty parties. Keep an eye on your parents. 30 seconds. Done
We all know who's behind these kinda scams.
The owner was an Indian man let's say it bro fr
When I saw substandard renos and jugaads, I knew who they are. Honestly feel govt should revoke citizenship and deport scamsters.
As far as I'm concerned, scammers should be right at the top of the list with murderers when it comes to prosecution - they might be even more heartless than murderers, IMO. And, yes, it is very important that we check in regularly with our elderly/disabled loved ones and ask questions about phone calls/mail/visits they've been getting.
I hope your investigation into these issues makes some sort of impact and change! Thank you for your insightful videos! 😊
Its heartbreaking to see people using evil tactics to target seniors and disables. Nobody should ever go thru this. I hope govt do something and dismisses those mortages.
May the wrongdoers be severely punished.
Waaw, that's the most dangerous thieves with offices 🏢. There should be laws about these criminals
That's the best part of my grandma being in a home, none of these guys to worry about
Holy hell. I *NEVER* sign anything without having a lawyer read it first.
Definitely. Unfortunately, many of these seniors live alone and may not have the same level of awareness/mental capacity. Hopefully everyone involved in this scam are charged.
Thumbs up if you knew the scammers were from Brampton
First fellow, mortgage money where did it go, did he get a cheque or was work done to his house this amount ….confused
The scammers took the money. Once the fraud lawyer drafted up the mortgage papers and signed by the elders they were screwed. The premise of the lien just expedited the eviction process. The scammers took the mortgage to a third party lender and at 25% you’d be screwed.
Never deal with a mortgage broker that parks a boat in front of the office door. Some things are instinctive.
C'mon these vultures should be prosecuted.