A Mississauga woman says she fell victim to a mortgage fraud and is now stuck with a $640,000 bank lien on her home.
The woman, Lukrezia Buzanic, discovered that someone had applied for and received a loan using her name and home as collateral.
She received the notification in 2012 and has been since trying to convince the bank that granted the loan that she’s the victim of title fraud. Buzanic says she never got the money, but someone else did.
The loan financing was provided by Manulife Bank. Buzanic said she filed a fraud claim with the bank on Aug. 14, 2012 and signed an affidavit swearing she did not receive any money.
Read more at Global News
This article is summarized by Canadian Fraud News Inc.
Deborah McCoy – Is an investigative journalist and has over 17 years of investigation experience in both the private and public business sectors. Since joining CFN, Ms. McCoy has become a true advocate for victims of fraud and increasing the public’s awareness in fraud prevention.