The FBI just arrested 11 people in Los Angeles for allegedly committing title fraud stealing $17.4 million — not by breaking into homes, but by stealing identities and using elderly homeowners’ free-and-clear properties as loan collateral without their knowledge. In this episode, Bonnie breaks down exactly how the fraud worked, why owning your home outright can paradoxically make you a target, and what every property owner needs to do right now before someone turns your equity into their payda
In this episode you’ll learn:
- What steps to take today to protect your property from being used without your knowledge
- Why free-and-clear homeowners are the most vulnerable targets for title fraud
- How hard money lending was exploited — and what lenders and borrowers should know
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EPISODE TRANSCRIPT:
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a written and dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2026 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
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