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  2. A New Scam Is In Town, Title Fraud, And Real Estate Pros ...

    www.aol.com/protect-experts-list-3-ways...

    FBI’s 2023 Internet Crime Complaint Center (IC3) report revealed there were 9,521 real estate-based fraud complaints in 2023, which resulted in over $145 million in losses. The fraudsters wisely ...

  3. Identify legitimate AOL websites, requests, and communications

    help.aol.com/articles/identify-legitimate-aol...

    • Don't use internet search engines to find AOL contact info, as they may lead you to malicious websites and support scams. Always go directly to AOL Help Central for legitimate AOL customer support. • Never click suspicious-looking links. Hover over hyperlinks with your cursor to preview the destination URL.

  4. I’m a Real Estate Agent: 3 Signs Your Property Deal ... - AOL

    www.aol.com/m-real-estate-agent-3-150142459.html

    The United States Secret Service Cybercrime Investigations division "has observed a sharp increase in reports of real... I’m a Real Estate Agent: 3 Signs Your Property Deal Might Be a Scam Skip ...

  5. Swampland in Florida - Wikipedia

    en.wikipedia.org/wiki/Swampland_in_Florida

    Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically for any scam that misrepresents what is being sold.

  6. Real Estate Fraud: How to Spot a Scam - AOL

    www.aol.com/news/2010-06-04-how-to-protect...

    Real estate and mortgage fraud cases may be the latest fallout from the recent real estate bubble. Two recent California court cases demonstrate the lengths that white-collar criminals will go to ...

  7. Equity stripping - Wikipedia

    en.wikipedia.org/wiki/Equity_stripping

    Additionally, some do consider equity stripping, in essence, a form of predatory lending since the scam works essentially like a high-cost and risky refinancing. Equity stripping, however, is conducted almost always by local agents and investors, while traditional predatory lending is carried out by large banks or national companies.

  8. Foreclosure rescue scheme - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_rescue_scheme

    Equity stripping or equity skimming is a variation on lease-buyback and is one of the most common types of foreclosure rescue schemes. [4] In it, the perpetrator assumes ownership of the house while allowing the former owner to continue living there, provided that s/he pay rent to the perpetrator, who is the new owner.

  9. How to protect yourself from real estate wire fraud - AOL

    www.aol.com/finance/everything-moment-gone-west...

    A dream home became a nightmare when Raegan Bartlo and her husband lost $255K to real estate wire fraud. Learn how this elaborate scam works — and how to spot the signs you're about to be their ...

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