FBI Cracking Down on Mortgage Scams

The good news: there are special crime fighting groups that are cracking down on these scammers.

To find out more, KENS 5′s Stacia Willson sat down with Ozvaldo Alaniz, the Supervisory Special Agent of the FBI White Collar Crime Squad here in San Antonio.

We’re seeing more and more cases involving mortgage fraud. You mentioned one reason is because people are paying more attention to this crime now than ever before.

FBI Special Agent Alaniz: “That’s true, the FBI certainly has began to aggressively address mortgage fraud within the last two or three years now. As everyone can tell now, it’s a problem that has impacted us nationally beginning with the stock market, foreclosures are on the rise, people are losing their homes, and a lot of this is attributed to the mortgage fraud that was perpetrated four to five years ago.

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