More scam artists busted!

More scam artists busted!
by Kaushik Sirkar, Chandler AZ REALTOR
Chandler Arizona Real Estate

Mortgage fraud.  We know its out there.  All professionals need to be aware of it and the various tricks the scam artists conjure up.  See this article from today's Arizona Republic.  Various items to note....real estate agent, family members, old, young are all involved.  Phony SS #'s, incomes, assets and bank accounts.  Fraudulent financing for 16 homes.  11 automobiles.  Extremely bold

This isn't 'petty' crime.  The IRS was involved.  The secret service was involved.  I can't help but try to remind everyone...if it seems too good to be true, it probably is!  Be vigilant with all your transactions.  If something doesn't seem right, ask your colleagues to give it a second look.  Lets do our part to minimize the impact of such schemes to our industry!

Thanks for Reading :)

Kaushik Sirkar, Chandler AZ REALTOR
http://www.homesphx.com