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By: ryanmercer

Mar 25 2008

Category: Uncategorized

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What do you get when you combine two popular rackets thesedays—identity theft and mortgage fraud? A totally new kind of crime:house stealing.

Here’s how it generally works:

… The con artists start by picking out a house to steal—say, YOURS.
…Next, they assume your identity—getting a hold of your name andpersonal information (easy enough to do off the Internet) and usingthat to create fake IDs, social security cards, etc.
… Then, they go to an office supply store and purchase forms that transfer property.
…After forging your signature and using the fake IDs, they file thesedeeds with the proper authorities, and lo and behold, your house is nowTHEIRS.
http://www.fbi.gov/page2/march08/housestealing_032508.html

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