Real Estate Scams
Fox News reports on credit card skimmers used by a crime ring in Eastern Europe targeting homeowners. Scammers are using fake liens and other tactics to con people out of money in real estate transactions.
Key Points
- Scammers target homeowners by using fake liens and other deceptive tactics
- Victims are tricked into thinking they owe money or are at risk of losing their property
- Homebuyers are also vulnerable to scams like fake real estate listings and wire transfer fraud
Pros
- Raises awareness about real estate scams targeting homeowners and buyers
Cons
- May create fear or distrust among homeowners and potential property buyers