Watch out for fraud

By
Services for Real Estate Pros with Glenn Simon Inc.

Alberta is a place of booms and busts. Wealth can be made and lost very quickly. For all the "overnight" success stories you hear there are dozens more tales of funds lost, misappropriated and outright stolen.

 From straw buying to title fraud there are many ways you can be taken. Take a look at Globe and Mail's Top 6 Real Estate Scams.

We've all heard of the Madoff ponzi scheme that took in billions of dollars. Did you know we have a possible Canadian one in courts now? Read about League Group and the $330 million of investors funds that they lost. 

 Lastly,  Field of Dreams, the Albertan farmland project that lost billions. 

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Topic:
Lending / Financial
Location:
Alberta
Tags:
field of dreams
fraud
ponzi schemes
league group
maddof
real estate scams

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