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Thieves Sell Couple’s Home for $1.7 Million in Toronto Canada Through Title Fraud

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Couple's Home in Toronto Canada Sold Without Their Knowledge By Thieves

A couple from Toronto, Canada, recently discovered that thieves sold their home for $1.7 million while the couple was in the UK. Authorities say this type of theft is not common, but there has been a noticeable increase in comparable occurrences in the country’s most populous metropolis.

Early this year, Toronto police said they needed the public’s assistance in apprehending two suspects involved in a complex fraud scheme.

According to the BBC, the suspects used forged identities to pose as city property owners. They sold the house and handed the keys to the unwitting new owners. The true owners of the house had been out of the country on business since January 2022.

After noting that their mortgage payments had vanished from their bank accounts, the out-of-town couple discovered that their home had been sold without their knowledge.

The incident piqued the interest of many Canadians, particularly in the Greater Toronto Area and Vancouver, where real estate is considered a national obsession due to its high cost – the average home costs more than $ 1 million, and homes are scarce.

Similar claims from other Toronto property owners have emerged, and police say these previously uncommon examples of property title fraud appear to be on the rise.

These situations are “certainly unique to this moment in time,” according to Trevor Koot, CEO of the British Columbia Real Estate Association and a nearly 20-year industry veteran.

“I’ve never seen anything like it,” he stated, referring to the complexity employed to carry out these crimes.

 

What exactly is title fraud? How much has it increased in Toronto, Canada?

Mortgage fraud and title fraud are common schemes involving home or property ownership.

According to Brian King of King Advisory International Group, a Toronto-based organization investigating white-collar crime, mortgage fraud is more widespread.

Why does it take 30 years in Canada to buy a house?

It is committed when a fraudster uses forged identifying documents to get a second mortgage on a home in Canada they do not own, usually after the first mortgage has been paid off in full or almost so.

On the other hand, title fraud entails tenants impersonating the owner of a vacant home and selling it to serious buyers. This results in the property’s total title transfer.

If the home has title insurance, the true owner and buyer in Canada can usually obtain most of their money back. The insurance covers legal expenditures paid during the procedure and aids in re-establishing ownership.

Mr. King stated that he had seen increased mortgage and title fraud frequency since 2020.

According to him, his firm has experienced a “rash” of title fraud in recent years. In almost all cases, the homeowners lived elsewhere when fraudsters took over their property, in nations such as the United States and China.

Mr. King mentioned a couple from Toronto who relocated to the UK for work in 2018. Their house in Canada was later sold from beneath them in 2022. It was sold for C$1.7 million and had been completely refurbished when they discovered it had been stolen in June. As of February, the couple was still working on getting their home’s title returned.

According to John Rider, vice-president, between the 1960s and 2019, Chicago Title Insurance Company’s Canada branch saw only two occurrences of fraud – mortgage and title.

They are currently dealing with scores of cases, including at least five examples of title fraud, all in the Greater Toronto Area, which covers the city and adjacent towns.

Comparable incidents of title fraud have appeared in the province of British Columbia, which is home to the city of Vancouver, where the typical home costs C$1.1 million, albeit on a less frequent basis.

The BC Land Title and Survey Authority (LTSA) reported two attempts at title fraud since 2020, just one of which was successful. The public corporation noted that it is only aware of one previous incidence in 2019 and two in 2008 and 2009.

It claims that these fraud cases are extremely unusual, even though the LTSA processes up to one million land title applications annually.

Why are there more reports of title fraud?

Scientists are baffled as to why there has been such an increase in reported cases, notably in Toronto.

Mr. King believes that virtual real estate transactions during the pandemic may have made it more difficult to detect phony identification documents. He also mentioned that the epidemic had compelled some people to stay away from their homes for prolonged periods because to travel restrictions.

Others have noted the increasing sophistication of the criminals, some of whom have been tied to organized crime and appear to have a thorough understanding of the real estate sector in Canada.

According to Mr. Rider, the phony Identities used in these transactions frequently appear authentic, and offenders would hire professional actors to pose as homeowners and carry out the operation.

“IDs are so easily falsified now that they can’t be relied on to close a $3 million transaction,” Mr. Rider added.

There is also the financial aspect of these crimes. Real estate in Toronto, Canada, has appreciated dramatically over the last two decades, with the average property costing C$198,150 in 1996. It was C$1.18m last year.

“It makes logical that there is a lot of emphases on where real estate is very valuable,” said Ron Usher, general counsel for the Society of Notaries Public in British Columbia, Canada.

However, Mr. Usher noted that little is known about these alleged incidents of title fraud, which are frequently complex.

“These are not easy crimes to commit, and they are frequently caught and prevented.”

He and others have asked for a national review to discover the underlying causes and whether more can be done to protect Canadian homeowners.

Geoff Thomas is a seasoned staff writer at VORNews, a reputable online publication. With his sharp writing skills and deep understanding of SEO, he consistently delivers high-quality, engaging content that resonates with readers. Thomas' articles are well-researched, informative, and written in a clear, concise style that keeps audiences hooked. His ability to craft compelling narratives while seamlessly incorporating relevant keywords has made him a valuable asset to the VORNews team.

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Canada Wildfires Forcing Thousands to Flee Their Homes

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Canada Wildfires that have been raging throughout the country for the past week have forced thousands of people to abandon their homes, with many unsure when they will be able to return.

Firefighters battling more than 100 wildfires across Canada may receive brief relief in some areas as a major mid-week storm moves through western and central Canada, bringing higher possibilities of rain and blasts of cool air.

Nonetheless, some dangerous fires are burning within miles of neighborhoods. Fire authorities warn that minor changes in weather or wind direction can suddenly put adjacent homes and businesses at jeopardy.

More than 6,000 people have fled Fort McMurray, Alberta, since Tuesday, as a 51,000-acre fire rages less than 5 miles from the city’s edge. Residents should count on being gone from their houses until at least May 21, and possibly longer, according to the regional municipality.

The fire near Fort McMurray remained active Wednesday, but winds were forecast to start pushing it away from the city and its key roadway, according to Alberta Wildfire Information Officer Josee St-Onge. Rain showers are expected to start Wednesday night and last until tomorrow, with a total rainfall of up to one inch.

Canada Wildfires Forcing Thousands to Flee Their Homes: CBC Image

Firefighters braving the flames of the wildfires

Firefighters have been working around the clock to keep the flames at bay, employing water helicopters with night vision. Firefighters, often defending their own villages, have also worked arduous and risky shifts.

“To the firefighters braving the flames to defend Fort McMurray and other areas of the province, we appreciate your heroic efforts more than we can say and we pray for your safe return,” the premier of Alberta, Danielle Smith, said on Wednesday.

For many Fort McMurray locals, the smoke-blackened skies and nervous evacuations bring back sad memories of “The Beast,” a devastating 2016 fire that forced 90,000 people to evacuate and caused billions of dollars in damage to homes and businesses.

Resident Jocelyn Routhier, whose neighborhood has yet to be told to evacuate, has observed from her back porch as the situation becomes disturbingly identical to the last disaster. She posted two uncanny photos of the fires, shot eight years apart.

“This is a déjà vu that I would prefer avoid. Let’s hope it doesn’t become a reality,” Routhier wrote in a social media post accompanying the photographs.

Jocelyn Routhier, a Fort McMurray homeowner, captured the 2016 and May 2024 flames from the same position on her porch.

Every day, new fires break out across Canada, and numerous out-of-control blazes threaten densely populated areas, leading scores of evacuated citizens to seek refuge in hotels, emergency shelters, and camp and RV sites.

Cooler temps, rain helping fend off wildfires: Image Global News

Anticipated Rains

Mackenzie Spenrath is one of roughly 5,000 individuals forced to evacuate the Fort Nelson area of British Columbia, where the 31,000-acre Parker Lake Fire is blazing barely 1.5 miles from the town. He told CNN that he has grown obsessed with watching news and surfing through social media, “trying to figure out if my town is still standing.”

Fort Nelson fire crews may benefit from less than an inch of rain anticipated Wednesday night and Thursday evening. However, the quantity of precipitation required to offset drought conditions and extinguish the fires is significantly greater, according to the British Columbia Wildfire Service.

“It’s not completely hopeless, obviously. But the fire is so close to town that it’s difficult to imagine anything but the worst,” Spenrath explained.

Extremely dry conditions are also causing issues for firefighters battling a fire that has reached within a mile of the Cranberry Portage town in western Manitoba. Approximately 580 individuals have been evacuated, and there is no anticipated time for their return.

“Because the conditions are so extremely dry up there, the fires burned down deep,” Earl Simmons, the Manitoba Wildfire Service’s director, told CBC. “So the firefighters have to get in there and dig down into the dirt to extinguish it. And we’re not just talking a few inches; in some cases, we’re talking meters deep.

Warming circumstances induced by human-made climate change exacerbate the dry conditions that are fueling Canada’s wildfires.

“This region has experienced multiple years of drought, with a below-normal snowpack this past winter,” said Ben Boghean, fire behavior specialist for the BC Wildfire Service. “As a result of this, our forests in the Fort Nelson zone are very receptive to new fire ignitions and rapid rates of spread.”

Declining snow, rising temperatures, and worsening droughts are all signs of climate change, and Environment Canada predicts that they will continue to drive larger and more destructive fires across Canada.

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China And Russia Reaffirm Their Close Ties As Moscow Presses Its Offensive In Ukraine

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AP News - VOR News Image

BEIJING — On Thursday, Russian President Vladimir Putin and Chinese President Xi Jinping reiterated their “no-limits” friendship, which has expanded as both countries face mounting tensions with the West, and blasted US military deployments in Asia and the Pacific.

At their summit in Beijing, Putin hailed Xi for China’s recommendations to settle the conflict in Ukraine, which Ukraine and its Western allies have rejected as mostly adopting the Kremlin’s line.

Putin’s two-day state visit to one of his biggest allies and commercial partners comes as Russian forces launch an operation in northeastern Ukraine’s Kharkiv region, marking the most serious border incursion since the full-scale invasion began on February 24, 2022.

China claims to be impartial in the crisis, but it has supported the Kremlin’s accusations that the West led Russia into attacking Ukraine, and it continues to supply vital components required by Moscow for weapons manufacture.

AP – VOR News Image

China And Russia Reaffirm Their Close Ties As Moscow Presses Its Offensive In Ukraine

China, which has not condemned the invasion, suggested a broad-based peace plan in 2023, calling for a cease-fire and direct talks between Moscow and Kyiv. Both Ukraine and the West rejected the idea because it did not call on Russia to vacate Ukraine’s occupied territories.

China also lent a verbal nod to Russia’s narrative about Nazism in Ukraine, with a joint statement issued Thursday saying Moscow and Beijing should protect the post-World War II order and “severely condemn the glorification of or even attempts to revive Nazism and militarism.”

Putin has claimed the “denazification” of Ukraine as a primary purpose of the military action, falsely referring to Ukrainian President Volodymyr Zelenskyy’s government as neo-Nazis.

The mostly symbolic and ceremonial visit emphasized cooperation between two countries facing challenges in their relations with the United States and Europe.

“Both sides want to show that despite what is happening globally, despite the pressure that both sides are facing from the U.S., both sides are not about to turn their backs on each other anytime soon,” said Hoo Tiang Boon, a Chinese foreign policy researcher at Singapore’s Nanyang Technological University.

While Putin and Xi stated they wanted to stop the war, they made no new ideas in their public remarks.

“China hopes for the early return of Europe to peace and stability and will continue to play a constructive role toward this,” Xi said in prepared remarks to the media in Beijing’s Great Hall of the People. His statements echoed China’s overarching peace initiative.

Earlier in the day, Putin was greeted in Tiananmen Square with military fanfare and cannon fire.

On the eve of his visit, Putin stated that China’s proposal may “lay the groundwork for a political and diplomatic process that would take Russia’s security concerns into account and contribute to achieving long-term and sustainable peace.”

Zelenskyy has stated that any negotiations must entail the restoration of Ukraine’s territorial integrity, the departure of Russian soldiers, the release of all captives, a tribunal for those responsible for the assault, and security assurances for Ukraine.

AP – VOR news Image

China And Russia Reaffirm Their Close Ties As Moscow Presses Its Offensive In Ukraine

Putin said he would brief Xi on the situation in Ukraine, adding, “We appreciate the initiative of our Chinese colleagues and friends to regulate the situation.”

Following Russia’s latest attack in Ukraine last week, the war has reached a crucial point as Ukraine’s depleted military awaits new supplies of anti-aircraft missiles and artillery rounds from the United States, which have been delayed for months.

China and Russia’s joint statement also harshly slammed US foreign policy, citing US-formed alliances as having a “Cold War mentality.”

“Both sides expressed serious concern about the consequences caused to the strategic stability of the Asia-Pacific region by AUKUS,” according to the statement, referring to the acronym for Australia, the United Kingdom, and the United States.

China and Russia have accused the United States of installing land-based intermediate-range missile systems in the Asia-Pacific region under the guise of joint drills with allies. They claimed that the United States’ operations in Asia were “changing the balance of power” and “endangering the security of all countries in the region.”

The united declaration underscored China’s support for Russia.

“There’s so much Chinese falling over themselves to give Russia face and respect without saying anything specific, or committing to anything,” said Susan Thornton, a former diplomat and senior fellow at Yale Law School’s Paul Tsai China Center.

The meeting was another endorsement of China and Russia’s amicable “no limits” friendship, which they signed in 2022, just before Moscow invaded Ukraine.

Since then, Russia has been increasingly economically dependent on China since Western sanctions have limited its access to most of the global commercial system. China’s expanding commerce with Russia, which reached $240 billion last year, has helped the country buffer some of the worst effects of sanctions.

Moscow has transferred most of its energy exports to China and relied on Chinese enterprises to purchase high-tech components for Russian defense sectors to avoid Western sanctions.

AP – VOR News Image

China And Russia Reaffirm Their Close Ties As Moscow Presses Its Offensive In Ukraine

“I and President Putin agree we should actively look for convergence points of the interests of both countries, to develop each’s advantages, and deepen integration of interests, realizing each others’ achievements,” added Xi.

Xi congratulated Putin on the start of his fifth term in office and commemorated the 75th anniversary of diplomatic relations between the former Soviet Union and the People’s Republic of China, which were formed after a civil war in 1949. In the March election, Putin eliminated all significant political opponents and faced no serious threat. He, like Xi, has not spelled out a succession strategy.

“In a famous song of that time, 75 years ago — it is still performed today — there is a phrase that has become a catchphrase: ‘Russians and Chinese are brothers forever,'” Putin stated.

During the war, Russia and China expanded their military ties. In recent years, they have conducted several cooperative war simulations, including naval drills and long-range bomber patrols over the Sea of Japan and the East China Sea. Russian and Chinese ground forces have also moved to the other country’s territory to conduct joint training.

China continues to be a major market for Russian military hardware, while the country’s defense industry is rapidly developing, including the production of aircraft carriers and nuclear submarines.

Putin has already stated that Russia has shared highly sensitive military technologies with China, considerably improving its defense strength.

SOURCE -(AP)

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Sun Shoots Out Biggest Solar Flare In Almost 2 Decades, But Earth Should Be Out Of The Way This Time

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AP News - VOR News Image

CAPE CANAVERAL, Fla. — The sun released its largest flare in nearly two decades Tuesday, only days after strong solar storms battered Earth and caused stunning northern lights in unexpected places.

“Not finished yet!” the National Oceanic and Atmospheric Administration stated in its update.

Earth – VOR News Image

Sun Shoots Out Biggest Solar Flare In Almost 2 Decades, But Earth Should Be Out Of The Way This Time

According to NOAA, it is the largest flare of this 11-year solar cycle, which is nearing its peak. The good news is that Earth should be safe this time since the flare erupted on a portion of the sun that rotates away from Earth.

NASA’s Solar Dynamics Observatory caught the dazzling flash of the X-ray flare. It was the strongest flare since 2005, with an X8.7 rating.

WGN – VOR News Image

Sun Shoots Out Biggest Solar Flare In Almost 2 Decades, But Earth Should Be Out Of The Way This Time

Bryan Brasher of NOAA’s Space Weather Prediction Center in Boulder, Colorado, believes it may have been much stronger after scientists gathered data from other sources.

It comes after nearly a week of coronal plasma flares and mass ejections that threatened to disrupt power and communications on Earth and in space. Brasher stated that an ejection connected with Tuesday’s flare appeared to be directed away from our planet, and further investigation is underway.

Economic Times – VOR news Image

Sun Shoots Out Biggest Solar Flare In Almost 2 Decades, But Earth Should Be Out Of The Way This Time

According to NASA, the weekend geomagnetic storm forced one of its environmental satellites to rotate unexpectedly due to reduced altitude from space weather and enter a precautionary slumber known as safe mode. The seven astronauts on the International Space Station were urged to stay in places with strong radiation shielding. The crew was never in danger, according to NASA.

SOURCE – (AP)

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