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How fraud gets stopped in its tracks by real estate and title pros

April 22, 2026 by bp56691
Preservation of evidence and quick reporting is key in combatting schemes that led to $275 million in losses last year.
Categories American Bankers Association, Artificial Intelligence, Closings, eClosing, FBI, Home Sales, HWmember, national association of realtors, Real Estate, Real Estate Fraud, Technology, Title, Title insurance, Wire Fraud

Cybercrime against seniors is surging, with $7.75B reportedly lost in 2025

April 13, 2026 by bp56691
Investment fraud, much of it involving cryptocurrency and fake trading platforms, inflicted the heaviest financial toll on seniors.
Categories baby boomer, Cryptocurrency, Cybersecurity, FBI, gen x, HWmember, Mortgage, Retirement, Reverse

FBI: Cybercrime losses topped $20.8B in 2025, real estate fraud hit $275M

April 10, 2026 by bp56691
FBI: Cybercrime losses topped .8B in 2025, real estate fraud hit 5M
Real estate fraud alone accounted for 12,368 complaints, showing a continued and growing threat for housing professionals and clients.
Categories Artificial Intelligence, Cryptocurrency, Cybersecurity, FBI, HWmember, Real Estate, Real Estate Fraud, Reverse, Title, Title insurance, Wire Fraud

YouTubers set trap for crime ring targeting seniors, resulting in 25 arrests

August 29, 2025 by bp56691
Federal agents disrupted a long-running fraud scheme targeting seniors, helped by YouTubers who set and sprang the trap on the fraudsters.
Categories Cybersecurity, FBI, HWmember, Reverse, Reverse Mortgage Daily, YouTube

25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors

March 6, 2025 by bp56691
25 Canadians have been charged by U.S. authorities with bilking older Americans out of an estimated $21 million.
Categories AARP, ALTA, Canada, FBI, HWmember, Legal, national association of realtors, Reverse

Chicago-area contractor sentenced to 17 years in prison over reverse mortgage scam

January 17, 2025 by bp56691
The U.S. Department of Justice (DOJ) announced this week that Mark Steven Diamond, who was accused of “bilking elderly homeowners in a reverse mortgage and home repair scheme,” was sentenced to 17 years in federal prison by the U.S. District Court for the Northern District of Illinois.
Categories Chicago, Department of Justice, FBI, HUD, HWmember, Illinois, Legal, Reverse

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