The suspects are wanted for fake real estate transactions in the GTA.

Police in Peel Region are looking for four suspects who allegedly participated in real estate fraud in the Toronto area by selling rental properties they rented out and, in one case, taking out second mortgages while posing as the owner.

Police said the incidents occurred between June and October 2022. The suspects allegedly rented several properties in Toronto using false documents. In one case, when the property was empty, the suspects posed as the owner and opened an account in his name, police said. They then allegedly sold the facility by transferring the money to a fake account. In another case, they allegedly took out a second mortgage on a different property, posing as the owner.

Police said each victim suffered a loss of nearly $700,000.

On Friday, police identified two suspects, 58-year-old Duc Tai Luu and 34-year-old Keith Edmondson, both of no fixed abode. They are wanted on eight counts, including fraud over $5,000 and identity fraud.

In the meantime, police are seeking the public's help in identifying two other suspects involved in the fraud. The first is described as being of Asian descent, between 20 and 30 years of age, fair skinned, slim build, with short black hair with brown strands. The other suspect is described as an Asian female with fair skin, a slim build, long black hair and tattoos on her upper shoulders or lower neck.

"The investigation has reason to believe the wanted and unknown suspects are also operating throughout the province of Ontario," police said in a press release issued Friday.

They are asking anyone with information to contact the Fraud Bureau at (905) 453-3311, ext. 3335, or to the Peel Crime Stoppers program at 1-800-222-TIPS (8477) or visit peelcrimestoppers.ca.