Cops: Scam Used Title Searches To Find ‘High-Equity’ Homes For Rent, Tenant ‘Posers,’ I.D. Theft To Rip Off Landlords’ Equity In Rental Homes
Written by Administrator on September 1st, 2011In Southern California, The Orange County Record reports:Authorities have arrested seven people, including some in the United States illegally, on suspicion of posing as owners of at least 20 homes they were renting, taking out $ 5.9 million in home-equity loans and pocketing the cash.
The suspects,(1) some of whom are Korean and Chinese nationals, reportedly stole the homeowners’ identities to
The Home Equity Theft Reporter
Tags: 'Posers', Cops, Equity, Find, Highequity, Homes, I.D., Landlords, Rent, Rental, Scam, Searches, Tenant, Theft, Title, used
