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.
Scammers Are Stealing Homes From Under Their Owners' Noses. Ai Is Making It Scarily Easy.
jpandy@insider.com (Jordan Pandy,Katie Balevic), Business Insider
Tue, 10/22/2024 - 8:53am
Topics: beverly hills 90210 dynasty daniel kenigsberg what i they getty imagessome eric schmidt google october wall street journal the journal saudi spelling manor los angeles county american land title association ndp analytics april fbi's internet crime complaint center tv paul harris/getty images"maybe tyler adams certifid but i miami-based lklsg mapleton llc la county district attorney memphis tennessee elvis presley's graceland riley keough right).gab archive/redferns jerod harris getty imagesearlier naussany investments private lending riley keough august missouri lisa jeanine findley findley william gordon arizona texas gabriella cázares-kelly fairfield connecticut a daniel marty kiar broward county florida hallandale beach ai-generated nbc miami an ai ai spelling manor los angeles aaron spelling ceo journal mapleton llc in la in adams adams business insider petrescu bi elvis presley graceland riley keough pima county gordon kiar scammers homes owners deed fraud property company told identity documents mansion people sale lot sell easier public technology seller recorder office impersonation smaller vacant cases properties real-estate rightful data problem verification tools called deeds transfer house price companies fake respond fraudsters steal woman request sales granddaughter estate order owns million worth producer local legal year built agents happen firm signed case mess targets attempts amounts purported faster models video sold records pushed record state rely
BING NEWS:
- Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.
Scammers have seized properties from Elvis Presley's Graceland to modestly priced vacant lots. AI tools can help fake deeds or ownership documents.
10/22/2024 - 5:44 am | View Link - Scammers are stealing tickets from Ticketmaster accounts
LAFAYETTE, Ind. — Savannah Van Skyhawk was excited to see Taylor Swift at Lucas Oil Stadium in November. Then, her four tickets vanished from her account. "[Scammers] took my tickets, transferred them ...
09/23/2024 - 10:55 am | View Link - More
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