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

University of Manitoba law professor Darcy MacPherson says banks are supposed to do their due diligence when people are applying for a loan.

“If this were a reputable big bank or credit union that does this on a regular basis, they would know what the rules are whether they were operating through lawyers or their own staff,” MacPherson said.

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