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Police are looking for four suspects who masqueraded as property owners in the GTA to commit mortgage loan fraud.

Police are looking for four suspects who masqueraded as property owners in the GTA to commit mortgage loan fraud.

Police are looking for four suspects who masqueraded as property owners in the GTA to commit mortgage loan fraud.

Peel District police are looking for four suspects who were allegedly involved in a real estate scam in Grater Toronto. They sold their rental properties and, in one case, took out second mortgages posing as the owner.

Police said the incidents occurred between June and October 2022. The suspects allegedly rented several properties in the GTA using false documents. In one case, when the property was vacant, they posed as the owner and opened accounts in their own names, police said. They then allegedly sold the property by depositing the money in the fake account.

In another case, they, allegedly posing as the owner, took out a second mortgage on another property and deposited the money into a fake''score.

Police say each victim lost nearly $700,000.

On Friday, police released the identities of two suspects: 58-year-old Duka Tai Luu and 34-year-old Keith Edmondson, who have no permanent residence. They are wanted on eight charges, including fraud over $5,000 and identity fraud.

Police are also asking for the public's help in identifying two other suspects involved in the fraud. The first is described as an Asian male in his late 20s to early 30s, with fair skin, slim build and short black hair with brown strands. The second suspect is an Asian female with fair skin, slender build, long black hair and''tattooed on the upper shoulders or lower neck.

"Investigators have reason to believe the wanted suspects are also operating in the province of Ontario," police said in a press release.

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

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