search

The Real Deal Logo

Trending

Glossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouseMajor developers are converting South Florida malls into mixed-use projectsMajor developers are converting South Florida malls into mixed-use projectsTom Scott’s CA Ventures strikes back against QuadReal fraud claimTom Scott’s CA Ventures strikes back against QuadReal fraud claimBushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160M
South Florida

Mortgage fraud investigations up

Sign Up for the undefined Newsletter

The Federal Bureau of Investigation recently announced the number of open mortgage fraud investigations was more than 1,600 at the end of 2008, compared to 881 investigations two years earlier. The bureau is recruiting people to help with the investigations, including those with experience in computer science and accounting. Experts say that in addition to people with backgrounds in forensic accounting, internal audit and law enforcement, examiners are often finance executives, paralegals, librarians and former journalists. “What you need is an uncanny ability to get people to talk,” said Jules Kroll, founder of the security consulting firm Kroll Inc. According to the Association of Certified Fraud Examiners, the number
of certified examiners is up 10 percent compared to last year, and
examiners’ median income was just over $90,000 per year in 2008.