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A Deal Disrupted: Scams, Loss, and Recovery
Description
Real estate scams extend beyond misdirected funds and continue to evolve across the real estate closing process. This panel examines what happens when a scam succeeds, how losses are discovered, and the critical actions that follow. Industry leaders and experts will share practical insight on response strategies, recovery and recoupment efforts, and lessons learned from real-world incidents.
- Hear how real estate scams unfold and where transactions are most vulnerable.
- Learn why the first steps after a loss is discovered can determine recovery outcomes.
- Understand how experienced professionals approach recovery, recoupment, and risk mitigation.
Presenter(s)
Co-Founder and Executive Chairman/CEO, CertifID
Tom Cronkright is the Executive Chairman of CertifID, a technology platform designed to safeguard electronic payments from fraud. He co-founded the company in response to a wire fraud he experienced and the rising instances of real estate wire fraud. He also serves as the CEO of Sun Title, a leading title agency in Michigan. Tom is a licensed attorney, real estate broker, title insurance producer and nationally recognized expert on cybersecurity and wire fraud.
President, IDSnetwork, Inc.
Douglas F. Pollock, President and founder of IDSnetwork, Inc., has more than 40 years of experience in conducting investigations into white-collar crimes, including: cyber-crimes, employee theft, title agent and attorney defalcations, real estate and mortgage fraud, Ponzi schemes and advanced fee schemes.
Mr. Pollock received a Bachelor of Science degree in Criminology from Florida State University in 1973 and has been actively involved in the investigation of white-collar crimes throughout the United States and Latin America. The Association of Certified Fraud Examiners awarded Mr. Pollock the designation of Certified Fraud Examiner in 1996.
Mr. Pollock was formerly a contract instructor for the US Treasury Department, Federal Law Enforcement Training Center, Financial Fraud Institute and the Miami Dade Metropolitan Police Academy for more than twelve years and has provided both professional consulting services and expert witness testimony on behalf of several state and federal agencies.
Since 2014, Mr. Pollock has focused his investigations in the areas of cyber-crimes including business email compromise schemes, seller imposter fraud and wire fraud.
Senior Manager, Legal Education, Old Republic Title
Michael Rothman is the Senior Manager of the Legal Education Department and serves on the Assembly Planning and Program committees. He is responsible for supervising the preparation and delivery of all Education Department content, including its CLE-accredited webinars and seminars and live training classes. Mr. Rothman pays particular attention to issues concerning Old Republic agents, including changes to laws and regulations that impact their day-to-day practices. Prior to joining The Fund, Mr. Rothman was a partner in the Miami firm of Rothman & Tobin, P.A., where he served as an outside claims counsel for The Fund, assisting in the resolution of title claims presented by insured owners and lenders. Mr. Rothman also handled residential and commercial closings and represented some of Florida’s premier homebuilders in many south and central Florida communities, including Weston, Celebration, Baldwin Park and Lake Nona. Mr. Rothman is a graduate of SUNY-Albany and the University of Miami School of Law.
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