Authorities alleged that Yuansen Fu, 23, of Toronto, teamed up with a mortgage broker to defraud law firms in the Chinese community.
“He is believed to be armed and dangerous," officers said.
This article discusses the implications of interest rate fluctuations on mortgage originators and suggests strategies for adapting, including diversifying loan pipelines and leveraging technology.
Estimated reading time: 0 minutes, 18 seconds
Toronto police have announced a Canada-wide warrant for a man allegedly involved in a mortgage scam totaling more than $10 million. So reports GlobalNews.ca.
Authorities alleged that Yuansen Fu, 23, of Toronto, teamed up with a mortgage broker to defraud law firms in the Chinese community.
“He is believed to be armed and dangerous," officers said.