- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Raleigh Man Faces Financial Ruin After Multimillion-Dollar Home Stolen Using False Deed
Posted on 9/20/24 at 6:08 am
Posted on 9/20/24 at 6:08 am
quote:
Raleigh Man Faces Financial Ruin After His Multimillion-Dollar Home Is Stolen – New 'Owner' Now Asking For $4.2M
Margaret Jackson
September 19, 2024
A Raleigh, North Carolina man is embroiled in a legal dispute over the recovery of his multimillion-dollar mansion in a bizarre real estate fraud case.
The deed to Craig Adams' 8,300-square-foot home in an exclusive gated community was transferred to a stranger named Dawn Mangum without his knowledge or consent. The property is now listed for sale at $4.25 million.
---
Adams first became aware of the fraudulent transfer when his homeowner's association contacted him to inquire about a potential property sale. Mangum had contacted the HOA requesting access to the gated community where the home is located, triggering suspicion.
Upon further investigation, Adams discovered that Mangum had forged documents and filed them with the Wake County Register of Deeds, falsely claiming ownership of his property under the Dawn Mangum Trust. The paperwork was approved and recorded without any verification of its authenticity.
"There's no effort to authenticate the validity of the change of deed," Adams said. "Nobody verifies who owns the house that's trying to be transferred to a different owner."
Adams promptly presented evidence of his ownership, including mortgage and tax documents, but county officials informed him that they were powerless to intervene. Adams said his only option was to hire a private attorney to file a civil suit against Mangum.
---
The Wake County Sheriff's Department is investigating the case and the Register of Deeds says it will help how it can but is limited by state law.
LINK
34
Posted on 9/20/24 at 6:14 am to NC_Tigah
quote:
Raleigh Man Faces Financial Ruin After Multimillion-Dollar Home Stolen Using False Deed
Either the system will stop shite like this or we'll just have to do it ourselves
Posted on 9/20/24 at 6:15 am to NC_Tigah
Title insurance??
Posted on 9/20/24 at 6:15 am to NC_Tigah
The thief is lucky to be alive.
Posted on 9/20/24 at 6:15 am to NC_Tigah
Posted on 9/20/24 at 6:21 am to NC_Tigah
The legal system eventually sorts this kind of thing out. But it takes a lot of time, which is very frustrating. Anyone can just go down to the courthouse and record a deed.
People who do this shite need to be made an example of.
People who do this shite need to be made an example of.
Posted on 9/20/24 at 6:26 am to Gorilla Ball
Title insurance is when purchasing only I believe
Posted on 9/20/24 at 6:27 am to NC_Tigah
quote:
Dawn Mangum
Seems like this individual committed several clear easily verifiable criminal acts. Why isn’t a DA going after such a person?
Posted on 9/20/24 at 6:28 am to NC_Tigah
quote:
Register of Deeds says it will help how it can but is limited by state law.
Help how they can? They are the ones who failed at their job and messed up. It should be either fix it or get sued for a lot more than $4.25 million.
Posted on 9/20/24 at 6:29 am to NC_Tigah
quote:
Adams promptly presented evidence of his ownership, including mortgage and tax documents, but county officials informed him that they were powerless to intervene.
I don't really believe that. At all.
Posted on 9/20/24 at 6:32 am to SloaneRanger
quote:
The legal system eventually sorts this kind of thing out. But it takes a lot of time, which is very frustrating. Anyone can just go down to the courthouse and record a deed.
Fake deeds and liens are big Sovcit tactics.
Posted on 9/20/24 at 6:33 am to NC_Tigah
So... Not to diminish his trouble but
What's to stop him from doing the save thing... Just file a document that he owns the house with the county. They obviously have no desire to burn a single calorie worrying about authenticity
Or squat.... Produce a "lease"
What's to stop him from doing the save thing... Just file a document that he owns the house with the county. They obviously have no desire to burn a single calorie worrying about authenticity
Or squat.... Produce a "lease"
Posted on 9/20/24 at 6:35 am to AubieinNC2009
quote:
They are the ones who failed at their job and messed up
They just record the documents and apply them to county records
This is like the squatter stuff. When a person is willing to commit fraud, the system doesn't have an ability to react swiftly. Creating that mechanism potentially would grind the legitimate system to a halt.
Posted on 9/20/24 at 6:37 am to SuperOcean
quote:
What's to stop him from doing the save thing... Just file a document that he owns the house with the county. They obviously have no desire to burn a single calorie worrying about authenticity
Or squat.... Produce a "lease"
That's like the sheriff who killed the judge. Illegal self help puts you at risk of being arrested.
Who do you think is more likely to that eventuality baked into their internal calculation when relying on fraud? The actual criminal and not the citizen.
Posted on 9/20/24 at 6:37 am to NC_Tigah
She has been arrested. The article I read said she surrendered. She admitted to forging the documents but said she believed it to be a foreclosed home. She’s playing dumb but they will nail her and hopefully they speed up the process of clearing it all up for the owner.
Posted on 9/20/24 at 6:38 am to SlowFlowPro
Glad you lawyers are all for justice.
Posted on 9/20/24 at 6:38 am to Gorilla Ball
Good question. I read through my title insurance of my last home and it barely covers unfound liens of seller.
How does this happen? Is it related to squatting?
How does this happen? Is it related to squatting?
Posted on 9/20/24 at 6:40 am to SelaTiger
quote:
She has been arrested. The article I read said she surrendered. She admitted to forging the documents but said she believed it to be a foreclosed home. She’s playing dumb but they will nail her and hopefully they speed up the process of clearing it all up for the owner.
Which illustrates why the notion that this is some sort of rampantly spreading “issue” everyone should be super concerned about is silly. You basically have to identify yourself to the world that you are committing a clear crime to do this.
Posted on 9/20/24 at 6:42 am to NC_Tigah
Sounds like a dumb observation, but why can’t he just do the same thing she did and take it back?
Posted on 9/20/24 at 6:42 am to SlowFlowPro
quote:
big Sovcit tactics.
I had to look that up. Hadn’t heard anything about that bunch in a while. But they’re not the real problem now. It’s the scammers. It’s just another variation of the squatting game designed to take advantage of the slow and cumbersome nature of our civil legal system.
Page 1 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News