Скачать или смотреть BILLION DOLLAR SCAM: Mortgage fraud ruining Realestate in Canada

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🚨 Mortgage Fraud in Canada is Worse Than You Think! 🚨

Last week, we encountered a shocking case—just one day before closing, a homebuyer’s mortgage got declined. Turns out, the previous agent had submitted fake income documents to qualify them for the minimum down payment. The result? A $20,000 lost deposit, potential lawsuit, and being blacklisted for fraud—making it nearly impossible to get a loan for a home, car, or even a credit card.

📉 Mortgage fraud is destroying the Canadian real estate market—and it’s happening more than you think! In this video, we’ll uncover:
✅ Types of mortgage fraud (Fraud for Shelter vs. Fraud for Profit)
✅ What happens if you get caught? (Fines, lawsuits, even criminal charges!)
✅ Mortgage fraud penalties in Canada and legal consequences
✅ How fake job letters and bank statements are used to cheat the system
✅ Why mortgage fraud is inflating home prices & raising interest rates
✅ How banks & the government are cracking down on fraudulent mortgages
✅ How mortgage fraud affects first-time home buyers & real estate investors
✅ Common mortgage scams in Canada & how to avoid them

💰 Over $1 BILLION in fraudulent mortgages are issued annually in Canada—and if you think “everyone does it,” think again. Getting caught could mean a lifetime of financial struggles and a bad credit score that follows you forever. Is it really worth it?

📢 Have you heard of mortgage fraud cases? Share your thoughts in the comments! 👇


I am a licensed mortgage agent M21004312 working with Dominion lending centres, Valko Financial FSRA13047. I work with over 60 lenders including the top banks to provide an array of mortgage products that are suited to your needs. I can help you with your housing needs across all provinces in Canada (except Quebec).

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My mission is to provide you with actionable content that enables you to build your wealthand live up to your potential. I came to Canada with my wife (Simran), during the pandemic in 2020, started with very little money, no job - to today, where I recently quit my job after building my side hustle to a cool 6-figures in revenue. I have met so many amazing people and mentors along the way, and I want to bring everything that I have learnt and continue to learn to you via this channel.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
00:00 - Intro
02:56 - $1BN Mortgage Fraud Annually
03:46 - Getting Caught
09:49 - Ever off the hook?
12:25 - The Deception
15:41 - Canada's Anti Fraud Measures
18:29 - Final thoughts
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