Warrants have been issued for four suspects sought in a real-estate fraud that involved renting properties in the Greater Toronto Area using fake identification.
Peel Regional Police allege the suspects rented multiple properties in the GTA using fake identification between June and October of 2022.
In one circumstance, cops claim, after the property was empty, the suspects took over the property owner’s identity, opened accounts under their name, sold the property and deposited money into a fake account.
In another instance, the suspects allegedly took over the property owner’s identity, opened accounts under their name, took out a second mortgage on the property and deposited the money into a fraudulent account.
In both circumstances, the victims were allegedly defrauded nearly $700,000 each.
A warrant has been issued for suspect Duc Thai Luu, 58, of no fixed address. He is wanted on charges that include two counts of uttering forged document, three counts of fraud over $5,000, two counts of identity fraud, and possession of proceeds of crime.
A warrant has also been issued for suspect Keith Edmondson, 34, of no fixed address. He is wanted on charges that include three counts of fraud over $5,000, three counts of identity fraud, possession of proceeds of crime, and laundering proceeds of crime.
Investigators are also seeking help from the public to identify a man and a woman believed to be involved in these frauds.
The first unidentified suspect is described as an Asian man, 20-30 years old, with a thin build, and short black hair with brown highlights.
The second unidentified suspect is described as an Asian woman with a light complexion, thin build, long black hair, and a tattoo on her upper shoulders/lower neck.
Investigators are concerned the foursome may be operating throughout Ontario.
Anyone with information is asked to call police at 905-453-3311, ext. 3335, or Crime Stoppers anonymously at 1-800-222-TIPS (8477) or at visiting peelcrimestoppers.ca.
