Two men in Ontario have been arrested and charged by the National Division RCMP Sensitive and International Investigative Section in connection with an alleged real estate scam.

The Mississauga residents - 71-year-old Wajid Ali Khan and 48-year-old Nadeem Imtiaz Ahmed – were charged with false pretense and fraud.

The RCMP believes the two men fraudulently borrowed more than $1.1 million from their personal contacts in Canada, telling their victims they were using the money to purchase investment properties on their behalf in Pakistan.

Several offences have been investigated in this case and the RCMP says more victims may come forward, which may lead to further charges.

As Fraud Prevention Month ends, the RCMP says that consumers need to stay vigilent.

"Recognizing a scam prevents it from happening," said Superintendent Denis Desnoyers, Officer in Charge of RCMP National Division Criminal Operations. "Swindlers claim affiliation with reliable sources, provide believable answers to tough questions and hide the truth in the fine print. Protect yourself with the facts and be skeptical whenever a deal seems too good to be true."

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