First Canadian Title

First Canadian Title

March 14, 2007 11:30 ET

Reminder: “STOLEN / NOT FOR SALE” – A SAD SIGN OF THE TIMES

Provocative signs to be driven into front lawns to make a point about the devastating effects of real estate fraud

Attention: Assignment Editor, City Editor, News Editor, Photo Editor VANCOUVER, BC, MEDIA ADVISORY / PHOTO OPPORTUNITY--(CCNMatthews - March 14, 2007) - Some Vancouver homeowners will find "Stolen/Not for Sale" signs in their front lawns this week as part of a Fraud Awareness Month event being staged to warn homeowners that the coming busy real estate season can be a breeding ground for real estate scams, often averaging as much as $300,000 per case.

The event will take place on Wednesday in Kitsilano involving Consumers Council of Canada, leading title insurer First Canadian Title, and real estate fraud victim Susan Lawrence. Lawrence's home was "stolen" in the Toronto area in early 2006 after she put a For Sale sign on her front lawn and identity thieves took out a fraudulent mortgage on her home for almost $300,000.

The group will be conducting similar events in neighbourhoods in Calgary and Toronto over the next few days to call on homeowners to be more vigilant in the fight against real estate fraud, particularly around the busy real estate season. The events are also extending a challenge to business, law enforcement and consumer groups to join together in the fight against fraud.

Event:
"Stolen / Not for Sale" event and photo opportunity

Date:
Wednesday, March 14, 2007

Time:
10:30 - 11:00 am

Where:
2388 Trutch Street, Kitsilano, Vancouver

Participants:
- Bill Huzar, President, Consumers Council of Canada
- Susan Lawrence, homeowner and real estate fraud victim
- Ken Fraser, Financial Institutes Commission of BC
- Wayne Proctor, Regional Director, Pacific Region, First Canadian Title

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Media contact:
Alex Mangiola
Phone: 416-462-0199 Ext 21
Mobile 416-460-3575
alex@pilotpmr.com
/For further information: Alex Mangiola
Phone: 416-462-0199 Ext 21
Mobile 416-460-3575
alex@pilotpmr.com
/ IN: OTHER

Contact Information

  • Alex Mangiola, Pilot PMR
    Primary Phone: 416-462-0199 ext. 21
    Secondary Phone: 416-460-3575
    E-mail: alex@pilotpmr.com