25 September 2019
Category: Fraud
25 September 2019,
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According to FBI data in the 2018 Internet Crime Report, cybercrime, including title and real estate related fraud, cost victims more than $7 billion in the last five years—including more than $2.7 Billion in 2018 alone. The most populated states in the nation were impacted the most: California, Texas, Florida and New York.

To help raise awareness, Title Resources Group (TRG) is launching a new campaign to help educate consumers and agents about fraud. As a part of this initiative, TRG is literally making a game of it: Fraud Racer, an online game designed to raise awareness of fraud in a fun and interactive way. Players answer questions about fraud correctly to reach home safely, while avoiding criminals that pursue them. The game is available to play at Fraud Racer.

“Fraud is not fun, especially for victims who suffer during what is usually the largest purchase of their lives, but by gamifying this billion-dollar problem with Fraud Racer our goal is to raise awareness of potential issues and how to steer clear of them,” said Walter Mullen, TRG’s chief strategy officer. “Awareness leads to vigilance, and everyone in the industry has a role in helping consumers protect themselves and drastically lowering those fraud statistics from the FBI.”

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This article has been used and reprinted with the permission of The American Land Title Association. The material is for general information purposes only and is not to be relied upon or used for any particular purpose. Title Industry Assurance Company, RRG and The American Land Title Association shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained or referenced in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal or professional advice, nor shall it serve as a substitute for the recipient obtaining such advice.

 

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