Title thief talks about stealing homes and ways owners can protect property
In a revealing interview, we talked with a convicted con man to learn more about the growing crime of title theft, which is when criminals file forged transfer documents to steal homes and property.The FBI reports more than 11,000 U.S. property owners were swindled out of $350 million in real estate fraud in 2022."I committed, well up to $55 million worth of bank fraud is what I was charged with. I committed title fraud 100 times at least," Matthew Cox told us.
He now speaks out to law enforcement, in podcasts and books, and works with Home Title Lock, one of a handful of companies that offers title monitoring and insurance against title theft."The crime is consistently growing, that we can see. The aftermath definitely takes a toll on the homeowners themselves. Every case is very different," said Natalie Dominguez of Home Title Lock.Matthew Cox's story serves as a chilling alarm.
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