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Property Fraud Alert, PFA, is a free service where Tarrant County property owners can sign up to have their name tracked to monitor fraudulent activity. Once enrolled, PFA will scan the exact name ...
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 ...
Sadly, undoing the scam requires going to court. "The person who forged the deed is now the property owner," real estate attorney Arash Sadat explained to ABC7 Eyewitness News. "So, for you to get ...
However, in 2023, it processed a total of 9,521 real-estate-related complaints — which it defines as a loss of funds from a real-estate investment — resulting in more than $145 million in losses.
According to the FBI’s Elder Fraud Report, Americans 60 and older lost more than $65 million to real-estate fraud in 2023, making it one of the top 10 costliest frauds affecting that demographic.
In 2022, the FBI received 11,727 real estate-related complaints with losses of over $396 million, an 86% increase versus 2020 levels. Home sale scams ramp up amid a housing market short on ...