Criminal Minds: Real Estate Fraud, Vol.2
Check Out These Stories of Notorious Real Estate Scammers
All real estate professionals need to take fraud and unethical behavior seriously. After all, gaining a client’s trust is an incredibly important part of an agent’s job.
But what happens when agents decide to scam their clients or otherwise commit fraud? You’ve likely seen national news stories about real estate fraudsters, many of whom receive hefty prison sentences.
Last year, at least 13,638 people fell victim to real estate or rental fraud, such as the loss of funds from a real estate investment or fraud involving a rental or timeshare property, the FBI’s Internet Crime Complaint Center reported. Read More