You Can Be Defrauded: It’s Easy

Every one of us likes to think we are so smart and so wary that we cannot be defrauded.  Bull.  If I learned anything as a PI all those years in the Washington, DC area it is that anyone, and I mean anyone can be taken advantage of.

When  we think of fraud in real estate we think of lying on loan apps, lying about disclosures, lying about this & that.  But here is the deal.  There are people out there that have nothing better to do but sit around all day and night trying to figure out how to take advantage of you.  You really don’t stand a chance.  Trust me on this. 

I’ve seen too many people of all shapes, sizes, economic & education backgrounds be taken advantage of in ways that would make your hair curl.  Currently I am helping a couple of people to work out of decisions that seemed like no-brainers at the time but with a few months behind them cannot believe how easily they were misled.  Before you criticize just be glad it wasn’t you.  It could have been. 

Take a few minutes and do a Google search for Brent Barber, our Kansas City real estate fraud guy.  (Just click his name.)  Read especially, if you have the time, the article in The Pitch that lays out the whole scheme in detail.  He is actually quite proud of his industriousness in taking your properties. 

I just wonder what he could have accomplished as an honest member of our society.  Now he’s in prison for 19 years.  And we are getting messed over again because we have to pay for him to live for free.  Jeez. 

1 Comment

Filed under Investment Property, Kansas City, Legal Issues, Misc. Real Estate, Real Estate Investing, Worth Reading

One response to “You Can Be Defrauded: It’s Easy

  1. Jeff

    WOW!

    It is unfortunate that so many individuals were taken advantage of in this scam. I read the Pitch article (thanks for digging it up) and it is a sad tale of financial ruin for many. I’m sure the lure of a quick buck was a major player.

    While Barber’s dishonesty holds a fair amount of the blame for this situation, I think those he swindled also bear responsibility for their involvement because of what appears to be a significant lack of “due diligence” on their part.

    As the old adage goes…”If it sounds too good to be true…”

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