Macdougall is scheduled to appear in court on June 6, 2023. The unit also recommended that homeowners should not leave their mail at their rental properties in order to avoid becoming victims of a similar crime. The department's Financial Crimes Unit advised Toronto homeowners in the news release to lock their filing cabinets and safely store confidential records. Investigators believe that Macdougall may have committed other similar crimes and are appealing to the public to provide more information, the police department said. The Toronto Police Service told Insider that the fraud value is over $2 million, adding that a portion of the money has since been recovered. He then proceeded to impersonate them when applying for a mortgage on the property, and went on to collect the proceeds of the mortgage for himself, police allege. While renting the property, police say he somehow obtained the identity information of the homeowner. Police said Macdougall began renting the home in May 2021 using an online home rental application.

Jay Allen Macdougall was arrested on May 25 and charged with five counts of fraud over $5,000, as well as laundering proceeds of crime, the Toronto police department said in a news release. Toronto Police is now urging homeowners to lock away confidential documents.Ī 42-year-old man impersonated the owner of the home he was renting in Toronto, Canada, to secure a mortgage on the property and then steal the money, police say. He impersonated the homeowner, applied for a mortgage, and collected the proceeds, police allege. xeni4ka/Getty ImagesĪ renter has been arrested in relation to a mortgage-fraud scam, Toronto police say. A for-rent sign in front of a suburban house.

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