Fraud Archive

Homebuyers Allege Inflated Sales; File Suit Against KB Homes, CountryWide

A group of homeowners in West Valley, AZ today filed suit against KB Homes and Countrywide contending the two conspired to inflate the selling price of homes during the peak of the housing market and even as prices began...

For Thanksgiving: Be Thankful You’re not this Appraiser

Here is a classic story of appraisal fraud out of Vancouver, Washington. Carpenter learned in March 2007 that Dodge had been doing appraisals using Carpenter’s name and license number — even appraisals on commercial and million-dollar properties that Carpenter,...
November 26, 2008