From June 2021 to December 2021, police said in an Aug. 25 release that numerous people sought the services of Shahid Malik, owner and operator of his namesake business, Shahid Malik Law Office in Mississauga, to settle transactions them with real estate. Police allege Malik took millions of dollars in trust to pay off his clients’ outstanding mortgages. But this money was never used to pay off these debts, which caused huge financial losses to all the victims. On Wednesday, August 24, police arrested the 41-year-old Brampton resident on an outstanding warrant. Police arrested Malik at Pearson Airport as he was flying back to Canada. Officers charged Malik with defrauding the public and breach of trust and he appeared in court for a bail hearing on Thursday. “Mr. Malik used his position of trust to defraud a significant amount of money from hard-working people in our community,” Superintendent Hubie Hiltz said in the release. “This investigation and arrest demonstrated our commitment to pursue offenders, prevent further victimization and the value of working with Canada Border Services Agency.” Case investigators believe there are more victims than Malik’s alleged scams. Anyone with information is asked to contact the Fraud Bureau at 905-453-2121, ext. 3335. Anonymous tips can also be sent to Crime Stoppers at 1-800-222-TIPS (8477) or online at peelcrimestoppers.ca.
