From the Orlando Business Journal (paid):
A Tavares company is one of 23 Central Florida firms and/or individuals under investigation by the state for title insurance fraud.
The Florida title fraud cases being investigated so far this year involve agents misappropriating escrow funds, says state Chief Financial Officer Alex Sink’s office.
John Corbett, law enforcement captain for the department, declines to share any details about the 23 local fraud investigations…….
Twenty three in one state is not a small number.
2 responses so far ↓
Shane Kane -TitleSuccess.com // February 26, 2008 at 2:48 pm |
That’s just the tip of the iceberg. There’s a lot more of these fraud cases that aren’t being reported by the title insurers.
Jonathan Yasko // March 8, 2008 at 9:25 pm |
This does not surprise me in the least.
If they want larger numbers for a shock and awe affect, they should head to South Florida.