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Immigration scams, tax evasion and mortgage fraud: Court case reveals Vancouver foreign buyers’ dirty tricks

A legal wrangle between two families from China over multi-million dollar homes in Vancouver Westside and the funds transferred to buy them offer a rare glimpse into the questionable strategies used by foreign buyers in the lower mainland’s real estate market.

In Fu v. Zhu[1], the Honourable Madam Justice Griffin of the B.C. Supreme Court has rendered a 552-page judgement after unravelling reams of “inconsistent” testimonies from parties with “serious credibility problems”.

Full story available here: https://thinkpol.ca/2018/01/08/immigration-scams-tax-evasion-mortgage-fraud-court-case-reveals-vancouver-foreign-buyers-dirty-tricks/

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