Mortgage Fraud: Threat Level and Prevention | CPDFormula by learnformula
Mortgage Fraud: Threat Level and Prevention
How criminal schemes have evolved and the need for robust industry safeguards
schedule1h
4.7(168)
About this course
CPA OntarioCPA British ColumbiaCPA AlbertaCPA SaskatchewanCPA ManitobaCPA Quebec Order
Purchasing a home is one of the most important investments a person will ever make. Unfortunately, it can also be a risk for people to fall victim to theft and fraud. Criminals exploit industry weak points to create complex stand-in schemes which target legitimate homeowners. Chris Mines is joined by Sarita Samaroo, a lawyer, and owner of SST Law Professional Corporation. They discuss why it is imperative for stakeholders to report inconsistent conduct, the future of title insurance, and the need for proactive action.
Some of the topics covered in this course include:
Evaluating key risks within Canada’s housing market
The impacts of money laundering, forged paperwork, and stand-in schemes
Assessing risk factors and key detection steps
The sustainability of title insurance and the Tree Fort Program
An outlook for the months ahead and more!