Because of the past year’s abundance of real estate market, mortgage fraud and other fake real estate related scams increased. The perpetrators of these range from brokers looking to make fast money to drug dealers laundering ill-gotten wealth.

Year by year, fraudulent scams victimize people and businesses from many walks of life, even struggling families lured into home loans which they cannot afford and honest real estate investors fleeced out of their investment money.

By federal tax fraud investigations and money laundering, the Internal Revenue Service plays a vital role in order to fight real estate fraud.

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