Update To The Toronto Condo Scam: Westlake Condos Etobicoke

This is an update to my original blog post about the Toronto Condo Scam at Westlake Condos in Etobicoke. Please read that article here if you are unfamiliar with the story.

After multiple victims reported their experience with attempting to rent a condo in the Westlake Condos complex in Etobicoke from Femi Agunbiade and/or Jide Agunbiade , a province wide warrant was released for the brothers.

In July 2018, Femi Agunbiade was arrested at Pearson Airport after attempting to re-enter the country. He was granted bail at the cost of $10,000. Femi paid half of that himself, and has two names listed as sureties, his girlfriend and another individual. (A surety is an individual who promises to the judge they will supervise the accused while they are out on bail, they are also responsible for a portion of the bail funds.)

Once again, if you had any interaction with the brothers - regarding renting the condos or any other business venture including AG7Media and AG7Global, please contact the Toronto Regional Police Department. The case is under Division 22's jurisdiction. You can reach them by phone at 416-808-2200 or in person at 3699 Bloor St. West, Toronto, ON.


He currently has a restraining order against him, mandating he remains no less than 500m from the condo complex where the  alleged* rental scam took place.

Femi currently faces the following charges:

TEN counts of Fraud Under $5,000 Section 380 (1) (b)
ONE count of Fraud Over $5,000 Section 380 (1) (a)
FOUR counts of Theft Under $5,000 Section 334 (b)
ONE count of Theft Over $5,000 Section 334 (a)
Totalling SIXTEEN criminal charges in all.


Each Theft charge under $5,000 is a summary offense, with a maximum sentence of 6 months of jail or a $5,000 fine.
Each Theft charge over $5,000 is an indictable offense, with a maximum sentence of 10 years in jail.

Each Fraud charge under $5,000 is a summary offense, with a maximum sentence of 6 months in jail or a $5,000 fine.
Each Fraud charge over $5,000 is an indictable offense, with a maximum of 2 years in jail.


According to the official Criminal Code of Canada

Criminal Code (R.S.C., 1985, c. C-46)

Fraud

• 380 (1) Every one who, by deceit, falsehood or other fraudulent means, whether or not it is a false pretence within the meaning of this Act, defrauds the public or any person, whether ascertained or not, of any property, money or valuable security or any service,
• (a) is guilty of an indictable offence and liable to a term of imprisonment not exceeding fourteen years, where the subject-matter of the offence is a testamentary instrument or the value of the subject-matter of the offence exceeds five thousand dollars; or
• (b) is guilty
  • (i) of an indictable offence and is liable to imprisonment for a term not exceeding two years, or
  • (ii) of an offence punishable on summary conviction,
  where the value of the subject-matter of the offence does not exceed five thousand dollars.

• Theft

• 322 (1) Every one commits theft who fraudulently and without colour of right takes, or fraudulently and without colour of right converts to his use or to the use of another person, anything, whether animate or inanimate, with intent
• (a) to deprive, temporarily or absolutely, the owner of it, or a person who has a special property or interest in it, of the thing or of his property or interest in it;
• (b) to pledge it or deposit it as security;