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How this mortgage scam is putting seniors at risk of losing their homes (Marketplace)

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CBC News

Some seniors across Ontario are at risk of losing their homes in an elaborate scam that involves doortodoor equipment rental contracts, low quality renovations and unaffordable highinterest mortgages. Marketplace speaks to people who feel they've been scammed, some on the brink of losing their homes and someone who already has.

Read more: https://www.cbc.ca/1.6795104

#Scam #Mortgage #CBCMarketplace

0:00 Intro
1:21 Investigation begins with Karl Hoffmann and his family
5:48 Meeting Danila Lim and her family
11:03 Speaking to the OPP Serious Fraud Office about the scam
15:33 Looking into mortgage brokerages


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