Bargain Florida land deals could be linked to imposters
Great deals for vacant Florida land owned by offshore investors have become a hot target for international conmen playing the real estate market to walk off with hundreds of thousands of dollars, leaving the buyer with no funds and no land.
The scheme is built on county records that lists undeveloped land owned by international investors.
The thieves assume the identity of the actual landowner and contact area real estate brokers to help them move the vacant lots quickly.
According to Special Agent Brian Crowley of the Orlando Secret Service, Brevard and Osceola counties are seeing a surge of fraudulent sales attempts because the counties “have a disproportionally high number of undeveloped lots” currently owned by out-of-area owners.
Crowley said the long distance provides the perfect cover for the fraudsters.