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‘Very easy’: Winnipeg man warns of scam after his car was used as collateral

‘Very easy’: Winnipeg man warns of scam after his car was used as collateral

Global News
Tuesday, May 28, 2024 02:53:31 PM UTC

A Winnipeg man is warning others after he says he was scammed by a former tenant who simply used a photo of his vehicle to secure a loan.

When Roger Trachsel offered up his basement suite to a man through an ad from Kijiji in the spring of 2023, he never thought it would go so downhill.

“Just wanted to help someone in need,” Trachsel said.

He says problems quickly arose. After only a week, Trachsel caught his new tenant stealing his wedding ring and promptly evicted him.

Nearly a year later, Traschel got an unexpected knock on his door.

“A bailiff from Recoveries of Manitoba showed up at my door,” Trachsel said.

The bailiff arrived looking for Trachsel’s former tenant and was to seize Traschel’s vehicle. The bailiff explained the former tenant had taken a photo of Traschel’s Toyota Venza and used it as collateral to get a loan from Quebec-based BHM Financial.

“He got a personal loan and when he didn’t make any repayments towards that personal loan, the financial company put a lien on my vehicle,” Trachsel said.

The bailiff told the company to drop case but Trachsel says there is still a lien on his vehicle and he’s scared to drive it with the fear of getting towed.

Read full story on Global News
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