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Wisdom & Authority Title Solutions
|Posted on January 17, 2013 at 9:04 PM||comments ()|
This post will provide insight on what vehicle title fraud is, and what to do if you are the victim of such a situation . Vehicle title fraud is the intent to sell or acquire a vehicle/title illegally, while manipulating vehicle data with the purpose to defraud. Keeping that in mind, vehicle title fraud can come across in many degrees; however the two most frequent measures are: deceptive acts to the title document itself and the acquisition or distribution of auto titles. The following entails:
DECEPTIVE ACTS TO THE TITLE DOCUMENT ITSELF:.
In this situation, the fraud is actually taking place on or with the title itself. Examples are:
ACQUISITION OR DISTRIBUTION OF VEHICLE TITLES:
In this case, certain matters occur that affect how titles are passed along or handled. Examples are:
If you are the victim of title fraud, it is necessary to take immediate action, by notifying DMV, and law enforcement. Retaining the name and other pertinent information of the seller is important to have as well; so use caution when buying vehicles from people with obscure locations, online, contact information, etc. If you are the victim of a title fraud situation; Wisdom & Authority Title Solutions , can help. If someone titled a vehicle in your name without consent, inquire about our title/vehicle history research investigation assistance.
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