‘It is not real': Title company owner warns of new twist to title fraud

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A quick-thinking title company owner was able to stop a fraudulent sale when it appeared the scammer was using A.I. technology to try to steal properties

The quick-thinking company owner was able to stop a fraudulent sale when it appeared the scammer was using A.I. technology to try to steal properties“It’s women’s intuition,” Albrecht, the president of Florida Title and Trust said. “I just felt something was off.”

A few days later, she got an unexpected email, saying the seller was ready for a video call. During the call, she said it quickly became apparent she was looking at a fake video, instead of an actual person. The video showed a woman, sitting in a room, looking straight at the camera. Albrecht could be heard asking the woman to raise her hand, but the woman did not react.“After the second pause, I realized this is 100% a video playing on a loop,” she said. “It is not real.

“What I am really happy about in this situation is this title company really did the right thing,” said Marty Kiar, Broward County’s property appraiser.

 

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