Montreal Police Arrest 17 People for Alleged Real Estate Fraud Worth Over $5 Million

Montreal Police Arrest 17 People for Alleged Real Estate Fraud Worth Over $5 Million
A Montreal Police logo is seen in Montreal on July 8, 2020. The Canadian Press/Paul Chiasson
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Montreal police say they’ve arrested 17 people in connection with an alleged real estate fraud scheme worth more than $5 million.

Police say members of the alleged fraud ring used fake IDs to borrow against the value of five properties they didn’t own.