Home Title Theft
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The Home Title Theft Baloney
Ooooo, terrible things can happen. The latest, as you can hear on radio ads and other venues, is that no-good-niks can steal your home out from under you. But you can buy insurance against such a fate. Whew. But maybe this is a shuck, too. Rick Kahler, president of Kahler Financial Group in Rapid City, S. D, explains:
Title theft is not the problem, despite ad claims
The booming voice of Bill O’Reilly sounds pretty serious. He’s telling you that by using documents on the internet, title thieves can steal your home without you knowing, sell it or take out loans against it and stick you with the bill. Title theft sounds pretty ominous.
Financial Institution/Mortgage Fraud
The FBI is committed to aggressively pursuing those who endanger the stability of our banking system and the safety of assets and personal information the public has entrusted to its care. In financial institution fraud (FIF) investigations, the Bureau continues to concentrate its efforts on organized criminal groups that prey on banks and engage in patterns of activity that lead to large aggregate losses. When FIF schemes involve single actors, the FBI prioritizes cases with high losses or significant community impact.
Protect Your Child And The Credit Industry
Identity theft of children is a constant danger. Child identity theft occurs when someone misuses a child’s Social Security number to commit fraud. The credit reporting companies regularly dismiss responsibility for not properly screening applicants. Often it occurs by opening credit accounts, taking out loans or applying for government benefits or a job. The crime can go undetected for many years. Victims of child identity theft often discover it when they themselves are establishing their own credit or rejected from college assistance.
About The Host
Trip Elix is an author, podcaster and video personality Over the last 30 years, he has worked as a security analyst and privately as a consultant, investigator, forensic technician, and skip tracer. He is the author of books and gives talks on security and privacy.