Wednesday, February 28, 2007

Mississippi City Shows Commitment To Fighting Mortgage Fraud

The city of Madison, Mississippi, with a current population of approximately 25,000, has chosen to follow what may be a growing trend among considerably larger, local law enforcement agencies around the country in hiring personnel assigned exclusively to investigating mortgage and real estate related fraud, according to City enlists investigator to tackle fraud claims, an article in The Clarion-Ledger, reported at clarionledger.com. Typically, municipalities will investigate these types of crimes through their Economic Crimes Unit, which lumps together all white-collar crime investigations.

Examples of other municipalities with personnel dedicated specifically to fighting mortgage and real estate related crimes are:

1) Wayne County, Michigan Sheriffs Office, which has a Deed Fraud Unit with three full time deputies assigned to combat deed fraud in the Detroit metro area (see New Arrests Made In Deed Scam)

2) Cuyahoga County, Ohio Prosecutor's Office, which hired an assistant county prosecutor to focus on crimes such as mortgage fraud and predatory lending in the Cleveland metro area (see Dozens facing loan charges)
.