Real Estate Fraud
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X @Nick Szabo
Nick Szabo· 2026-02-14 00:58
RT Barrett Linburg (@DallasAptGP)In Texas, a criminal can steal your $6,000,000 building for $30 in cash.No ID required. No background check. Just a forged signature and a trip to the county clerk.In 2022, this happened to two of our buildings. If you own real estate, you are a target.The Texas county recording system runs on a "notice" basis. The clerk’s job is to record documents. Not verify them.A criminal created a fake deed for two of our assets. They used a cut-and-paste notary stamp pulled from a dif ...
Missouri woman who tried to fraudulently sell Elvis Presley's former home gets 4 years jail. How the scheme unfolded
Yahoo Finance· 2025-10-12 10:15
Core Points - A Missouri woman attempted to fraudulently sell Graceland, the former home of Elvis Presley, aiming to defraud Presley's family of millions [1][2] - The scheme involved a fabricated company claiming that Lisa Marie Presley had taken out a $3.8 million loan against Graceland [3] - The perpetrator, Jeanine Findley, was sentenced to four years and nine months in prison after pleading guilty to mail fraud [2] Scheme Details - The fraudulent activities began approximately six months after the death of Lisa Marie Presley in 2023 [3] - Findley used various aliases, email addresses, and fake documents to threaten foreclosure on Graceland [4] - A fraudulent "Notice of Foreclosure Sale" was published in a Memphis newspaper as part of the scheme [4] Real Estate Fraud Context - Real estate fraud can occur in various forms, including identity theft and title transfer fraud, as evidenced by cases in Canada where homes were sold or mortgaged without owners' knowledge [5][6] - The complexity of such schemes can vary, impacting both buyers and sellers in the real estate market [6]