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Some real-estate scammers operate by transferring a home's deed away from its rightful owners. The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it.
“The way we transfer ownership of property in this country is by signing a deed of some sort in front of a notary who verifies our identity. Then, that document is recorded by the recorder’s ...
Real estate fraud growing concern. Real estate fraud is a growing issue, and Florida officials are calling for legal changes to make quitclaim deed fraud more difficult. In the meantime, there are ...
A fraudulent conveyance or fraudulent transfer is the transfer of property to another party to prevent, hinder, or delay the collection of a debt owed by or incumbent on the party making the transfer, sometimes by rendering the transferring party insolvent. [1]
Local leaders looking for solutions to quit claim deed fraud Investigators learned that a woman named Angela Croley allegedly befriended the homeowner before using fake documents to transfer the ...
For example, the Federal Trade Commission says nearly $2.7 billion in losses were reported from impostor scams in 2023, but that includes all impostor schemes — not just real estate ones.
In a statement to WREG, the Better Business Bureau (BBB), said: “Quitclaim deeds are meant to be an easy way to legally transfer home ownership to someone else, but scammers are using them to ...
The deed to a multi-million dollar home in Raleigh was swiped out from under the nose of the home’s owner. ... Fraud alerts won’t stop the deed transfer from happening, but it would notify you ...
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