The Crown charged three defendants with obtaining credit by false pretence and knowingly causing a mortgage broker to act upon fraudulent rental agreements in connection with a $639,000 mortgage application.
Mohammed Raja was acquitted of both charges.
Saira Khan was acquitted of the second charge but convicted of obtaining credit by false pretence based on her knowledge and acquiescence to false income representations.
Michael Majeed was convicted of both obtaining credit by false pretence and knowingly causing the broker to act upon forged rental agreements, and acquitted of failing to comply with a recognizance.
The court found that Majeed actively orchestrated the fraud by providing false rental agreements he knew to be fraudulent, while Khan's liability stemmed from her silence and signature on the mortgage commitment document despite knowing her income was misrepresented.
