The Pod Millennial with Libby Emmons

← The Pod Millennial with Libby Emmons16 jul · 12 min

How to Steal a House: A Convicted Fraudster Reveals the Shocking Truth

How to Steal a House: A Convicted Fraudster Reveals the Shocking Truth16 jul12 min

Matthew Cox spent years on the U.S. Secret Service's most wanted list for mortgage fraud and title theft before serving 12 years in prison.In this eye-opening interview on The Pod Millennial with Libby Emmons, he pulls back the curtain on "house stealing"—a crime in which fraudsters forge property titles, assume a homeowner's identity, and borrow hundreds of thousands of dollars against a home they don't own, all without the real owner ever knowing.Cox walks through exactly how the scam works, sharing real examples from his own criminal past, including one scheme that netted nearly $1 million on a home purchased for a fraction of that price.Perhaps most alarming, county recording offices have no obligation to verify signatures, notary stamps, or documents before filing them. As Cox explains, if the paperwork appears to be in order, it gets recorded—no questions asked. Victims often don't discover the fraud until foreclosure notices begin arriving, by which point recovery can cost tens of thousands of dollars in legal fees.This episode also covers how listeners can protect themselves and check whether they've already been targeted, in partnership with Home Title Lock.Protect your home today: www.HomeTitleLock.com/Libby

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.