Protecting your home from identity thieves Memphis TN

A new breed of ID-thief wants to heist your home (literally), because they know it's likely your most valuable asset. Here's how to keep the swindlers from wrecking your home ownership.

by Broderick Perkins
© 2008 DeadlineNews.Com

More ID theft news that really hits home.

Deadline Newsroom - A growing number of crooks who steal your identity don't swipe your personal information to pilfer from your financial accounts.

They want to get their hands on your home and snatch it right out from under you.

Modern day malefactors are mindful of the fact that while you may have quite a stash to swipe from your savings, credit and investment accounts, chances are your home is your most valuable asset.

You can, however, protect your home from a heist by taking measured preventative steps.

The Federal Bureau of Investigations recently reported the new scourge of "house stealing", a marriage between mortgage fraud and identity theft (ID theft), both of which are now staples of organized criminal activity.

Here's the basic house stealing scam:

• A grifter chooses a house and assumes the identity of the homeowner, often using the Internet to obtain personal information. The information is used to create fake identification papers. ...

Click to read this article from Deadline News