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News Release
Recorder’s Office
Launches Free Fraud Protection Service
Property owners
can sign up online to monitor documents and receive notice of
activity
(Dec. 31,
2008) – The Allen County Recorder’s Office is expanding access
to a service that allows users to keep a watchful eye for signs of
potentially fraudulent activity involving their property.
Property Fraud Alert, first made available to paying subscribers in
January 2008, can now be accessed for free by anyone. The service
was previously available at a cost of $12.95 per year.
“In our current economic climate, people are making tough choices
over what to do with every dollar,” said Allen County Recorder John
McGauley. “But the same tough times are making property and
mortgage fraud even more of a potential threat. Opening the
Property Fraud Alert service to everyone and making Allen County
less attractive to criminals is in the best interest of the
community.”
A common property fraud scenario involves a criminal filing a bogus
deed making it appear that the actual owner had transferred
ownership of a parcel to someone else. The criminal then takes that
deed to a bank, fraudulently obtains a mortgage and then disappears
with a large amount of money.
While it can happen to anyone, perpetrators of property fraud often
prey on the elderly, people in long-term care facilities, absentee
property owners and owners who spent large parts of the year out of
town. While these crimes have yet to occur in Allen County in
significant numbers, property fraud is a serious problem in other
parts of Indiana. In April 2008, the Federal Bureau of
Investigation included Indiana among 10 states that are
“significantly affected by mortgage fraud.”
“The best protection we can offer against property fraud is
proactive protection,” McGauley said. “Everyone should take
advantage of this service before this crime infects Allen County.”
Property owners can sign up by going to
www.allencountyrecorder.us/pfa. Signup takes only a few moments
and requires only the person’s name and a phone number or e-mail
address. The system monitors approximately 70 different document
types and delivers an alert by e-mail or telephone if the user’s
name appears on a document filed in the Allen County Recorder’s
Office.
Most alerts received will be for legitimate documents, such as those
filed when a home is bought or sold. But if the property owner is
concerned about a document he or she is unaware of, the alert
contains information that allows the owner to investigate the matter
and take appropriate action.
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