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

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Some seniors across Ontario are at risk of losing their homes in an elaborate scam that involves door-to-door equipment rental contracts, low quality renovations and unaffordable high-interest 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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