Tuesday, November 28, 2006

Fraud and Investment - The Two Can Usually Be Found Close Together

Where the money flows there is always someone trying to skim a little off the top, or trying to skim a lot. With the past boom in real estate in Canada, fraud has become a big concern for people in the real estate industry. The Ontario Law Society has is in the midst of a crack down on fraud. Lawyers are an integral part of real estate transfers, and have been accused of ripping people off. The Star has the complete story on what is being done about the problem.

Canadian investment companies are going abroad in their search for real estate investment. To date this year companies and investment funds have invested nearly 10 Billion dollars in foreign real estate. One major deal involves a Quebec company buying a shopping centre in Germany.

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