The Financial Services Commission of Ontario (FSCO) issued a warning on May 5 to advise consumers that an organization known as Stride Lending Group is not licensed to do mortgage business in Ontario.
“Stride Lending Group appears to be soliciting mortgage business and other services through its website, stridelendinggroup.com, and is using the email address firstname.lastname@example.org,” says FSCO.
Chatham Police issued scam alert
Chatham Police have issued a scam alert regarding Stride Lending Group, and have confirmed that the business does not exist at 75 Thames Street, Chatham, Ontario.
FSCO says consumers should exercise caution if they are contacted by anyone claiming to represent Stride Lending Group or using these coordinates. “Consumers should not apply for a mortgage or loans through Stride Lending Group, but instead are encouraged to contact the Canadian Anti-Fraud Centre.”