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Real Estate & Property Law

: The Home Equity Theft Reporter

Prosecutors: Scam Artist Used Parents' Stolen I.D. To Buy & Use Five Condos In Rent Skimming Racket Ultimately Ending In Foreclosure Of Each Unit

By r morris

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In San Diego, California, NBC San Diego reports:Tyler Adams is a fraud artist with many faces and many names, prosecutors said. He targeted his own parents in a real estate scam. [...] According to court documents from San Diego, Adams stole the identity of his mother and stepfather to buy five condos in San Diego worth more than $3,000,000 combined. The documents say he then collected rent on

Full post as published by The Home Equity Theft Reporter on December 05, 2009 (boomark / email).

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