Fraudulent mortgages sting two local homeowners

Real estate fraud can occur in a number of ways. In this case, it was a sophisticated crime involving one or several individuals attempting to defraud banks through a mortgage loan.

Last November, the homeowners found out about the scheme when payments weren't made on the fraudulent new mortgages. "The owners got a demand for seizure of the property," said Station 12 Constable Adalbert Pimentel.

An increasingly impersonal real estate market makes homes a rich target for fraudsters.

Pimentel says the best thing to do is act quickly. Homeowners need to get an injunction against the seizure of their property. They should also contact police to report the crime. "There's a certain urgency to get this done," he said.

Unfortunately, it's an increasingly prevalent crime and a growing concern in the real estate industry — from lenders to mortgage brokers and notaries and lawyers.

While neither Westmounter lost their home in these local fraud cases, it can definitely lead to some sleepless nights. "It's a major hassle," said Pimentel.

An investigation into the crimes is ongoing.

Missing Children's Network says: 'Keep your eyes on your kids!'

The Missing Children's Network, in conjunction with Montreal police, are asking parents to keep their eyes on their kids this holiday season.

It's easy for harried parents to lose track of a child in busy shopping centres. "It does happen, especially during the holidays," said Pimentel. He remembers one Christmas season years ago when he was new to the force. "A mother came to us crying: 'Someone took my kid,'" he said.

The child had wandered away from his inattentive mother. The police rushed into action. "Time is important," he said. "The more time you lose the bigger the search parameter. Missing kids are a priority."

Pimentel found the boy moments later watching a video game in an electronics store. "That Mom, I've never seen anybody so happy to see the police," he said. "I've never seen such relief."

In fact, the Missing Children's Network suggests you leave your child at home when you go shopping.

But if you have no other option, it suggests explaining to your kid where he or she can go if lost, remind him or her to stay in sight and to never leave your child unattended in stores, restaurants or public washrooms.

If someone spots a child who appears lost, they should ask if he or she is lost and needs help. Advise store of shopping centre employees of the situation and stay with the child in the immediate location until parents or police arrive.