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Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes – The New York Times

Ozella Campbell says she was tricked out of her home in an alleged deed fraud scheme. Credit Sasha Maslov for The New York Times
Ozella Campbell says she was tricked out of her home in an alleged deed fraud scheme. Credit Sasha Maslov for The New York Times

Partially paralyzed and reliant on a wheelchair, Ozella Campbell spends a lot of time watching television. It was under those circumstances in February 2014 that she saw a commercial urging her to call MyHouseIsADump.com, a company that offered to buy houses in as-is condition, in cash, and to close the purchase within seven days.From Our AdvertisersShe called the toll-free number and within hours, she said, a well-spoken young man appeared at her brownstone, a longtime family home in Bedford-Stuyvesant, a Brooklyn neighborhood in the throes of transformation.

Source: Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes – The New York Times