Editor's note: With billions of dollars flowing in and out of the real estate industry each year, the industry sees its share of fraud and other criminal misdeeds. In this special three-part series, Inman News uncovered the most common schemes, infamous scandals and a host of fraudsters who are still on the lam. (See Part 1: Real estate fugitives take the money and run and Part 2: Real estate fraud schemes run rampant.) Straw buyers. Inflated appraisals. Falsified loan applications. Fake W2s and bank statements. Interfering with officials from the U.S. Department of Housing and Urban Development. The different ways of committing real estate fraud are seemingly endless. And the amounts seem to vary just as much, from just a couple hundred dollars to scams worth upwards of millions and...
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