Comment on Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.

Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.

AI tools make it easier to fake deeds, which can help scammers transfer ownership of a home to themselves or someone else.gremlin/ Getty ImagesSome real-estate scammers operate by transferring a home's deed away from its rightful owners.The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it.The increasing ubiquity of AI tools makes faking deeds and ownership easier than ever.Spelling Manor — a 120-room mansion in Los Angeles with its own bowling alley and beauty salon, built by Aaron Spelling, the television producer behind "Beverly Hills 90210" and "Dynasty" — is one of the largest properties for sale in the country.It's been on the market for over 2 ½ years with a fittingly giant price tag: $137.5 million.Its owner must have been thrilled when Eric Schmidt — the former CEO and executive chairman of Google, with a net worth of $23 billion as of October 21 — expressed interest in purchasing it, as The Wall Street Journal reported earlier this month.The issue, though, is that the owner, who operates anonymously behind a limited liability company called 594 Mapleton, can't sell it to him or to anyone else.

 

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