Mortgage/Real Estate Fraud
Miami Mortgage Fraud Defense Lawyers
The Miami mortgage fraud lawyers at DMT have defended various types of mortgage fraud cases. South Florida has become one of the national leaders in real estate and mortgage fraud. The prosecution of Miami mortgage fraud and real estate fraud have increased exponentially, as a result of the number of foreclosures that have recently occurred in the area. Both state and federal authorities investigate cases involving mortgage and real estate fraud. In fact, the State of Florida and the United States government have created special task forces comprised of investigators, financial analysts and prosecutors who are targeting fraudulent real estate deals involving mortgage fraud. Defendants charged with mortgage fraud and real estate fraud face numerous charges, including grand theft, organized scheme to defraud, wire fraud, bank fraud, mail fraud and money laundering. The Miami mortgage fraud defense lawyers at DMT have represented many clients charged with mortgage and real estate fraud.
Mortgage fraud and real estate fraud involve complex schemes to defraud lending institutions, such as banks. The majority of cases involving mortgage and real estate fraud involve individuals illegally obtaining mortgage loans and taking the proceeds for personal gain. One of the most popular schemes to commit mortgage fraud include the use of straw buyers to purchase properties and within months, sell the property to make quick profit. Another type of mortgage fraud involves fraudulent HUDs. A real estate contract and HUD are completed by a seller and straw buyer. After the transaction is complete and second fraudulent HUD is submitted to the lending institution with and inflated sales price. The seller is provided his or her funds, and the mortgage and real estate broker divide the profits from the difference in real and fraudulent sales price.
The criminal defense team at DMT has represented home buyers and sellers, as well as, real estate agents and mortgage brokers accused of illegally obtaining mortgages and sharing the money amongst themselves. Miami mortgage fraud cases are complex and involve voluminous amounts of paperwork. These cases demand a critical analysis of the the state's or government's case. If you or a loved has been contacted by law enforcement authorities regarding a mortgage fraud or real estate fraud investigation, contact a Miami mortgage fraud lawyer at DMT to become involved immediately in the defense of your case.
To speak with a skilled criminal defense lawyer at DMT about your mortgage fraud or real estate fraud case, or if you have questions regarding mortgage or real estate fraud, please contact DMT to schedule your free consultation. You can call our office at (305) 444-0030 or reach us by completing the form on our contact page or by sending an e-mail. We are available every day of the year, 24 hours a day.