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Scam Involving Sale of Vacant Lots is Back: Don’t Get Fooled Again!

By Melissa Jay Murphy, Executive Vice President and General Counsel, The FundOver the last few months, the Florida real estate industry has experienced an ever-increasing volume of sales and mortgages that have been found to be fraudulent.  Most commonly, the property is vacant with no mortgage and often the lot is owned by a seller whose address shows they live in a foreign country.  The fraudster either forges a deed from the true owner to the fraudster, or just holds...

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