The Register® — Biting the hand that feeds IT

Feeds

ID theft hits home in Canada

Property scams create legal chaos

Regcast training : Hyper-V 3.0, VM high availability and disaster recovery

Identity thieves posed as home owners in order to sell the rental property of an elderly Canadian immigrant.

Paul Reviczky, 89, who fled Hungary for Canada in 1957 in order to escape communism, has become the latest in a string of victims of property title fraud in Canada, the Toronto Star reports.

Reviczky's bungalow in the North York area was sold without his knowledge, leaving him hundreds of thousands of dollars out of pocket.

Reviczky is unable to recover his property because local laws favour purchasers over victims of fraud. The crime has left the property in a state of legal limbo with the purchaser unable to live there and Reviczky legally unable to even to enter the premises. "I was shocked to learn that this could be the law in Canada," Reviczky told the Toronto Star. "I fled Hungary to escape lawlessness like this and now my sense of security in Canada is gone."

Ontario minister of government services Gerry Phillips pledged to change the land registry system in order to guard against title fraud.

Reviczky purchased the bungalow for C$67,500 in 1980. The retired tobacco farmer used rental income from the property to pay for the education of relatives back in Hungary. Reviczky, whose wife died in February 2005, lives in a nearby house. He only learned that the bungalow had been sold second hand when a local estate agent congratulated him a month after the sale had been completed.

Investigators reckon that con-men forged the power of attorney necessary to complete the sale in the name of fictitious grandson of Reviczky. Posing as Aaron Paul Reviczky, a fraudster sold the property for C$450,000 back in May. Former tenants of the property are the most likely perpetrators of the scam, police reckon. The purchaser, Pegman Meleknia, took out a mortgage of C$337,500 to complete the sale.

Reviczky, who hasn't seen a cent of the proceeds, is more interested in recovering his home than the profits from its sale. However, Ontario law recognises a purchase as valid in cases, like this, where a purchaser is not in on a scam.

The case has several local precedents. Local widow Susan Lawrence faces the loss of a home she's lived in for 30 years after crooks used publically available information to pose as her and sell her home out from under her feet.

In another case, an actress lost her home to ID thieves who sold her property to an accomplice, who disappeared after securing a bogus $250,000 mortgage in her name. ®

Cloud storage: Lower cost and increase uptime

More from The Register

 breaking news
BBC-featured call centre slapped with hefty fine for unwanted calls
PPI pests: Swansea-based firm stung for £225k by ICO
Microsoft to open Windows Stores inside 600 Best Buy locations
Product showcases 'must be seen to be believed'
 breaking news
What did the Lehman Brothers implosion look like to a techie?
Insider tells all about the Gnab Gib at Lehmans
 breaking news
The only Waze is Google: Ad giant tipped to gobble map app 'for $1.3bn'
Pac-Man-satnav-ish upstart in bidding war with Apple, Facebook
 breaking news
1-in-10 e-tomes 'are self-published'... most are 'rubbish' says book ed
Publishing man scoffs at go-it-alone writers, ursines still fouling in forests
 breaking news
Facebook RSS reader said to uncloak June 20
Secret event scooped by Scottish developer?
 breaking news
O2 averts strike action over mass Capita outsourcing deal
Details of new agreement not yet released