It seems that the Fraudsters and scum, I mean Scam Artist are coming out of the woodwork, and everyone is susceptible

By
Real Estate Broker/Owner with Independent Real Estate Broker DRE#00972295

........even Realtors and real estate professionals but more so--The Public. That is why I created this group: Real Estate Fraud, Scams, and Ponzi schemes REPORT THEM HERE.

I would like to invite everyone to post any fraudulently activity here to this new group.

Just the other day a “Title Rep” presented me with an “opportunity” that sounded a lot like a scam! I’ve been in Real Estate for over 21 years, and I know a scam when I hear it! I will post the details later so that you, too, can watch out! There is so much for us to deal with and now we have to keep an eye out for “title reps” trying to scam Realtors—give me a break!

These scoundrels give our profession a bad name and while it may not be your or my job to expose them—I think we owe a duty to public to make them aware of all the possible scams—I think that part of reason for this mortgage meltdown and housing crisis has to do with: Greed, Fraud and Plain Foolishness—the perfect storm for what is happening now.

Please be aware that these posts are just the opinion of the writer and is not any way, shape or form should it be constructed as facts. If anyone is being accused of fraud this would be an opportunity for you to clear your name up.

 *****************************************************************

For a free list of Foreclosures in the San Fernando Valley, Los Angeles and Orange Counties, please visit my website: reoLicensedSpecialist.com

Posted by

Aida Pinto (562) 884-6196
Los Angeles County
Real Estate Broker



The Real Estate Maven : https://www.facebook.com/aRealEstateMaven?ref=hl

 

Short Sale, Probate and standard real estate expert.

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Rainer
13,709
Zachry Feuer
eXp Realty - Denver, CO

It is an absolute shame that we have to concern ourselves with this. I am interested to hear what people see out there. While I feel I am a good judge of character and can read people well I am also a trusting individual that often can be blinded.  

Jul 04, 2008 10:16 AM #1
Rainer
12,539
Teresa McDonald
EME Realty - Florence, SC
ABR, Florence and Lake City SC Real Estate

I think it is a great idea to start this group. I agree with you that we would not be in the shape we are today if we had not had so many greedy people wanting to make money knowing that down the road there would be trouble.

Jul 04, 2008 10:30 AM #2
Rainmaker
1,217,765
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota Real Estate Expert

Anything to make money seems to go...lots of things to be aware of.

Jul 04, 2008 11:08 AM #3
Rainmaker
151,854
Aida Pinto
Independent Real Estate Broker - Los Angeles, CA
Real Estate Broker (562) 884-6196

Zachry, Teresa, and Chuck thanks for your comments.  I am glad that there are others who feel like I do.  I am just so tired of see so much bad stuff hope everyone will share with us so we can be aware.

Jul 04, 2008 11:25 AM #4
Rainer
26,208
Pedro Gonzalez
ADT-Millennium Alarms Systems - Pico Rivera, CA
Home Security Systems- ADT authorized dealer.

Yes I got to agree there are alot of ex mortgage/real estate people out there that are bringing these "business opportunities" that are nothing but a bunch of scams

Jul 05, 2008 10:31 AM #5
Rainer
24,192
Vicki Bishop GRI - Alabama Real Estate
Coldwell Banker United Realtors® - Bay Minette, AL

Its a shame that you cant take people at face value.

Jul 05, 2008 11:36 AM #6
Rainmaker
151,854
Aida Pinto
Independent Real Estate Broker - Los Angeles, CA
Real Estate Broker (562) 884-6196

Hi Vicki---it's been a long time since I have been able to find someone that I could take at face value--well, we can't even take our own US dollar at face value! What a shame---you are right!

Jul 05, 2008 11:47 AM #7
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Rainmaker
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Aida Pinto

Real Estate Broker (562) 884-6196
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