There have been many situations where individuals have lost their title due to theft. Here’s how it works. Let’s say you own your home and your identity was stolen. Identity theft is when one person pretends to be someone else by assuming that person’s identity. This is most often done to obtain credit in that person’s name. Your identity can be stolen a number of different ways. Some of the ways are a lost wallet with all your identification and your credit cards, unshredded mail, and inputting personal information on a fraudulent website. Read more -
From CBC Newsworld, Wednesday December 13, 2006. Susan Lawrence of Toronto had owned her century-old Victorian house for the past 30 years. An identity thief stole the title to her home and mortgaged it to Maple Trust for almost $300,000. Maple Trust, even after finding out that the mortgage was fraudulently obtained, tried to evict Sue but only gave up when subjected to the ensuing disastrous publicity.
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