Wednesday, February 24, 2016

Deed fraud is quite easy

From CBS 2:

Con artists are easily stealing homes in New York City through “dirty deeds.”

As CBS2’s Steve Langford reported Monday night, scam artists are accessing homeowners’ deeds online and then putting these homes up for sale, entering into contracts with several unsuspecting buyers, and flipping it for a profit.

“As long as you have the address, that’s all you need,” Jason Reddish, real estate expert and chief executive officer of Total Merchant Resources, told CBS2.


JQ LLC said...

500 cases, and we're suppose to worry about Isis, China and Russia breaching our personal files.

The enemy is always within.

There are way too many lowlife savages on the internets.

Anonymous said...

>“As long as you have the address, that’s all you need,”

Anyone want to try to put up some of those new developments you hate so much up for "sale"?

(sarc) said...

“There's a sucker born every minute.”
― P.T. Barnum...

Anonymous said...

This was done in many poorer neighborhoods for years. Before there was the internet everything was done by paper. Many homes were stolen especially the ones where there was no living relatives in that state. House would sit empty for a few years. Just take over paying taxes and make a deed. It was that easy.