Two Saskatoon realtors charged in investigation into alleged $5M mortgage fraud

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The investigation started March 1, 2021 after a report that falsified banking documents were submitted with several mortgage applications.

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Police said in a media release on Wednesday that the investigation started March 1, 2021 after they received a report that falsified banking documents were submitted with several mortgage applications at a local bank.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Officers in the economic crime unit executed search warrants at three locations: in the 200 block of Palliser Court, the 3400 block of McClockin Road and the 1100 block of Eighth Street East. Police said the search resulted in the seizure of more fraudulent documents connected to mortgage applications at several other financial institutions.

 

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