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Property Fraud on the Rise: 165 Urges Public to Use Three Anti-Scam Measures

Fraudsters may target older adults and people living alone to obtain property-related documents. The 165 Anti-Scam Facebook page reminds the public to stay vigilant.(Photo/AI-generated, courtesy of the 165 Anti-Scam Facebook page)
Fraudsters may target older adults and people living alone to obtain property-related documents. The 165 Anti-Scam Facebook page reminds the public to stay vigilant.(Photo/AI-generated, courtesy of the 165 Anti-Scam Facebook page)

In recent years, scam tactics have become increasingly sophisticated. Beyond bank accounts and personal information, real estate has also become a target for fraudsters. Older adults, people living alone, and those with limited access to information are particularly vulnerable to becoming victims.

Fraudsters may use fake investment schemes, fraudulent loan offers, or impersonate relatives in need of assistance to obtain property ownership certificates, seals, and seal registration documents. Once these documents fall into the wrong hands, they may result in significant and irreversible financial losses.

According to the 165 Anti-Scam Facebook page, scammers who obtain property certificates, seals, or seal registration documents may use them to establish mortgages, register trusts, or carry out other legal procedures that could lead to unauthorized transactions involving a person's property. The public is therefore reminded to follow three important principles: never hand over property certificates casually, never lend personal seals, and never provide seal registration documents without proper verification.

To reduce the risk of property-related fraud, the 165 Anti-Scam Facebook page also recommends making use of three preventive services: Real Estate Registration Change Notifications, Address Confidentiality Services, and Designated Mailing Address Services. These measures help property owners monitor registration changes and strengthen the protection of personal information.

For many families, property represents a lifetime of hard work and savings. By safeguarding personal information and utilizing available anti-fraud measures, individuals can better protect their assets and reduce the risk of becoming victims of property scams.

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