The IRS Fact Sheet on Real Estate Fraud indicates that IRS initiated fraud investigations doubled between Fiscal Year 2001 and 2003 and that the average prison term handed out by federal judges to defendants in these types of schemes nearly doubled over the same period. The fact sheet describes some of the more prevlant schemes seen by the IRS and gives details on a few cases.
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IRS Issues Fact Sheet on Real Estate Fraud Investigations
Friday, February 25 2005 05:01
Investigations on the Rise
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Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.
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