According to new Inman contributor and attorney Renée Hunter, from cybercriminals to family members, property fraud of all kinds is on the rise. Find out what practical steps you and your professional network can take to put a stop to it. Continue reading
Daniela Rendon was sentenced on Thursday after having misused hundreds of thousands of dollars in pandemic relief funds for her own personal luxury purchases, claiming that at the time “everybody” was doing it, according to reports. Continue reading
Two fake Zillow listings went viral at the end of May — one a high school senior prank and the other resulted in buyers losing thousands. Here’s how to save clients from online scammers. Continue reading
Authorities arrested 35-year-old Latoya Williams on Oct. 5 at her Upper West Side apartment in Manhattan and charged her with aggravated identity theft and wire fraud. Continue reading
The intent of CertifID’s new software is to fill a risk-gap in the payoff process between title companies and lenders. Cases have increased of criminals impersonating banks and mortgage lenders, requesting fraudulent payoff requests from title companies. Continue reading
The U.S. District Court of Massachusetts sentenced broker Michael Flavin to 30 months in federal prison for manipulating homebuyers into signing $1.8 million in fraudulent contracts, according to The Real Deal on Sunday. Continue reading
The move eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and cash-to-close funds within the platform. Continue reading
The complaint alleges negligence and breach of fiduciary duty after an unknown third party impersonated the brokerage’s title company and sent the buyers fraudulent wiring instructions. Continue reading
It isn’t safe to be on the internet, but that is where business comes from these days. Broker Teresa Boardman offers warning signs to look out for and ideas for keeping yourself safer from online predators. Continue reading
A number of software companies have taken on the fight against real estate wire fraud, and with a fresh round of Series A funding to the tune of $12.5 million, technology CertifID is even more prepared for battle. Continue reading