Fake Land ?

How Fake Land Deals Are Stealing Your Money

Imagine if someone pretended to buy a house with a fake name, took a huge loan from the bank, and then ran away with the money, leaving the bank with a worthless, empty house. That’s basically how strawborrowing works, but on a much bigger scale—with land, fake companies, and millions of dollars in loans.

How the Scam Works (Simple Version)

1. A developer buys land—sometimes by changing old records or using shady deals.

2. They pretend to sell the land to fake buyers (who are part of the scam).

3. The fake buyers take out big loans from the bank to “buy” the land.

4. The scammers take the loan money and disappear—never actually building anything.

5. The land sits empty, banks lose millions, and taxpayers end up paying for it.

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Where You See This Today: Fake “Coming Soon” Signs

Ever drive by a sign that says “NEW HOMES COMING SOON!” but nothing ever gets built? That’s often a clue something shady is happening.

🚧 Signs of Land Fraud in Your Town:

✅ A developer buys land, but never builds anything.

✅ The land gets sold over and over to different shell companies.

✅ The government gives them tax breaks, but they never follow through.

✅ The land sits empty for years, while prices and taxes go up.

Example: Scarborough Estates Chickville Road ossipee NH appeared as a new development, today the deed has been moved to a different location off RT 171!

This isn’t just bad business—it’s a nationwide scam.

A Real Example: U.S. v. Rabuffo

In Florida, a group of scammers used fake buyers and fake land deals to steal millions from banks before disappearing.

🏠 They kept “selling” land between fake companies.

💰 They took out huge loans, then never paid them back.

🚧 The land was left abandoned, and taxpayers had to cover the losses.

The same scam is happening all over the country today.

Why This Affects YOU

💵 Your taxes go up because banks and towns lose money.

🏡 Your property value gets messed up by fake land sales.

🚧 Your town gets stuck with unfinished projects that never happen.

This scam is hiding in plain sight, but now you know what to look for. If you see empty lots, fake developments, or land being resold over and over, it’s time to ask questions.