Real Estate Fraud 101 (Currently Unavailable)

Author: Paul McCormack

Real estate fraud has provided criminals with untold riches, and resulted in eye-popping losses for their victims. The schemes perpetrated by fraudsters vary in complexity and can involve both commercial and residential property located domestically and overseas. This webcast helps practitioners understand the types of schemes that fraudsters use to defraud homeowners, banks, and investors. It includes an overview of the efforts of law enforcement to combat real estate fraud, as well as a review of real estate fraud cases publicized in the business press.

Publication Date: October 2014

Designed For
CPAs responsible for preventing, detecting and investigating fraud.

Topics Covered

• Fraud definitions.
• Overview of real estate fraud and the associated red flags.
• Examples of real estate fraud involving organized crime.
• Tactics used to conceal real estate fraud.
• Ten cases involving "real world" real estate schemes.

Learning Objectives

• Identify the types of real estate fraud — residential and commercial.
• Recognize the various red flags associated with each scheme.
• Recognize how banks facilitate as well as prevent real estate fraud.
• Define the laws and regulations designed to punish those involved.

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None