Cau­tion­ary tale

French Property News - - Expert Advice -

An owner of a house in Lon­don called the HMLR prop­erty fraud line af­ter be­com­ing sus­pi­cious that some­one had fraud­u­lently sold the prop­erty which she owned and let out. It turned out the ten­ant was part of a fraud ring. Once he’d rented her house, us­ing a false iden­tity, he and an ac­com­plice put the house on the mar­ket. The ac­com­plice was a woman who had changed her name to the same as the own­ers by deed poll and then se­cured a pass­port in that name. HMLR did not reg­is­ter the sale as we sus­pected fraud, which meant that the owner still main­tained le­gal own­er­ship of the prop­erty. Un­for­tu­nately, the un­wit­ting buyer had al­ready paid £1.35m for the prop­erty.

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