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Real estate fraud risk is on the rise, and victims are sounding the alarm
DeBianchi Real Estate President and realtor Sam DeBianchi gives advice to millennials who are struggling to buy homes on Making Money. Purchasing a home is an exciting milestone in a person’s life, but criminals are increasingly exploiting such transactions through real estate fraud, robbing victims who are often left with little or no recourse. CertifID’s 2024 State of Wire Fraud report released Tuesday found that 1 in 20 Americans who bought or sold a home within the past three years have been victims of some type of real estate fraud, with the median amount in consumer losses exceeding $70,000 as a result of stolen buyer’s down payments and seller’s net…
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Scottdale contractor jailed on home improvement fraud charges in 3 counties
A Westmoreland County judge on Wednesday purchased a Scottdale contractor accused of bilking customers in 3 Southwestern Pennsylvania counties to continue being in jail pending the final result of his pending legal cases. Jason Ray Pirl, 41, was taken into custody Tuesday by Westmoreland County deputy sheriffs subsequent a a few-7 days lookup that finished in a parking good deal in the vicinity of Smithton. Pirl is accused of a number of thefts in 13 circumstances submitted in Westmoreland, Fayette and Somerset counties. Investigators reported he took much more than $250,000 from buyers for operate that he hardly ever completed. Investigators in Westmoreland County said Pirl is accused of bilking…
