Tuesday, December 16, 2008

Stolen Identities, Phony Documents Used In NYC Deed Theft; Leaves One Victim With Ruined Credit & Unwitting Widow Facing Foreclosure

In Jamaica, Queens, the New York Daily News reports on a scam where a con man was paid $1,000 by an alleged fraud ring to show up at a closing pretending to be a homeowner who has been dead for 19 years to sell a home from out from under the deceased homeowner's widow. A stolen identity, backed up with phony documents, was used by a purported buyer to obtain a $533,000 mortgage, which has since gone unpaid, leaving a widow facing the loss of her home of over 30 years, and the identity theft victim with her credit in shambles.

For the story, see Dead man gets mortgage worth whopping $533G. DeedTheftAlpha