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Fighting fraud: One agent's story of survival
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Fraud Watch, Industry News
Monday, March 5, 2012
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What word strikes fear into the hearts of mortgage and settlement services professionals? No, it’s not government, but that was a decent guess.
Fraud.
It’s the scariest word today. It’s an issue that touches every party to a
transaction and leaves nothing but misery in its wake. We write a lot
about fraud at The Title Report — reports on indictments, pleas and
convictions of fraudsters; news on underwriters and lenders hurt by
defalcations; features on the latest technological and legislative
solutions meant to curb future problems. They are articles that are
detached from the harsh reality of the crime. This story isn’t one of
those stories. This story is about Mark and Leigh Kraushaar and their
recovery from fraud in their business.
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