Hamilton mortgage broker Dennis Khanna “created a financial fog which made it impossible for his victims to figure out what was going on,” the regulator for Ontario mortgage brokers argued Thursday in Toronto.
Mortgage broker licence suspended
Arguments and allegations came from the attorney for the regulator during the closing submissions at a hearing into whether Khanna and his Hamilton firm, Metro Financial Planning Ltd. should be allowed to be a licenced mortgage broker. It’s been nearly a year since the provincial regulator suspended his licence for what it called a pattern of predatory behaviour against people who had no other option.
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This article is summarized by Canadian Fraud News Inc.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.