There have been a rash of recent high-profile cases on the headlines, one of which is the “Metro Dream Home Program” which was found to have defrauded over a thousand people over several years worth $70 million dollars. The four people convicted of the fraudulent activities took on investors who gave in their hard-earned cash in return for investment opportunities and homes which their investments were to finance. They instead went into their pockets, fueling their lavish lifestyles, covering their tracks with donations to charity that seemed to throw off suspicions during the prime of their activities.
Such is the severity of these real estate fraud cases where people are taken advantage of by crooks who are after their money and that alone. The government has heightened their drive to rid the earth of such people with the infusion of funding into law enforcement drives that are to take effect next year till 2011. The FBI and local authorities are working hand in hand to combat such incidents and prevent more people from becoming victims especially in today’s economic crisis.

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