An Indo-Canadian lawyer from Mississauga is wanted by police for allegedly defrauding clients of millions of dollars. Peel Police Fraud Bureau have issued a Warrant for a Mississauga lawyer Shahid Malik, alleged to have defrauded a number of clients related to real estate transactions resulting in a loss of over 7.5 million dollars. Malik, a resident of Brampton, is currently wanted for Defrauding the Public and Breach of Trust.

By DESIBUZZCanada Staff

MISSISSAUGA – An Indo-Canadian lawyer from Mississauga is wanted by police for allegedly defrauding clients of millions of dollars.

Peel Police Fraud Bureau have issued a Warrant for a Mississauga lawyer Shahid Malik, alleged to have defrauded a number of clients related to real estate transactions resulting in a loss of over 7.5 million dollars.

Between June 2021 and December 2021, numerous victims retained the services of 41-year-old Malik, the owner/operator of Shahid Malik Law Office located in Mississauga, to settle their real estate transactions.

It is alleged that Malik received more than $7.5 million in trust for real estate transactions to allow the victims to pay off their outstanding mortgages. It is further alleged that despite the victims’ numerous requests, the suspect did not allocate these funds towards the outstanding mortgages. As such, each victim has suffered a significant financial loss.

Malik, a resident of Brampton, is currently wanted for Defrauding the Public and Breach of Trust.

As per information from reliable sources, he moved to Canada from India as an immigrant about a decade ago with his family and belongs to the Jammu & Kashmir area.

Anyone with information in relation to the whereabouts of Shahid Malik is asked to contact investigators at 905-453-2121, extension 3354.