Arash Missaghi, Richmond Hill Mortgage Broker Involved in 2018 Fraud Investigation, Dies in North York Murder-Suicide

On Monday, June 17, 2024, a shocking murder-suicide occurred in North York, Ontario. Arash Missaghi, a Richmond Hill man, was involved. He was previously investigated for mortgage fraud in 2018. Law enforcement agencies confirmed Missaghi died from a gunshot wound at the scene.

Details of the Incident

Investigations revealed that Arash Missaghi, 53, was involved in a fatal shooting following a failed financial transaction. The incident took place near Don Mills and Mallard Roads, close to Northmount School, an independent all-boys Catholic school. Missaghi reportedly shot and killed a man and a woman before taking his own life. The identities of the victims have not been released by the authorities.

Police Response and Community Impact

Toronto police responded to the scene at 3:30 p.m. after shooting reports. Det.-Sgt. Alan Bartlett confirmed three bodies were found, including the shooter. The area saw a heavy police presence afterward. Nearby Northmount School and St. George Mini School & Infant Care went on lockdown for safety.

Previous Fraud Investigation

Arash Missaghi was investigated in 2013’s “Project Bridle Path” for mortgage fraud. This probe looked into a complex scheme to defraud lenders of $17 million. Missaghi and three others faced charges for falsely representing property owners and misrepresenting mortgages. They also created fake insurance certificates to appear legitimate. However, none of these charges were proven in court at the time.

Community Reaction and Assistance

The community is in shock with concerns about safety and local schools. The Emergency Task Force and Canine Unit quickly cleared the daycare and school. They ensured the children’s safety. The authorities urge anyone with information to contact the Toronto Police Department. Call 416-808-3300 or Crime Stoppers at 1-800-222-8477 or visit www.222tips.com anonymously.

Conclusion

The death of Arash Missaghi and the tragic murder-suicide affect Richmond Hill and North York. Investigations continue, focusing on supporting victims’ families and locals’ safety.

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