Hotel property fraud — don’t become the latest victim
By Rosie Davies
Unfortunately an increasing number of owners of high-value properties are finding that they are victims of property fraud. Owners of hotels are at risk if they own property in a personal or commercial capacity.
One client recently discovered that his identity had been stolen and the fraudster was attempting to sell his £4.4m home without his knowledge; in another case, a client found out that a fraudster was attempting to sell her £7m home for £4.5m without her knowledge. Thankfully these frauds were uncovered before completion took place, but others might not be so lucky.
So, what is property fraud and what can you do to prevent it happening to you? …
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