Victim of Contractor Fraud

You may neglect to take precautions when hiring a contractor, if you hire someone who does not get the project done in a reasonable time and who is not professional and may deliver bad job, as a rule are plain scammers, who seizes the opportunity to make easyавпвп money!

Contractor fraud often costs the victim twice at the end, because then you have to pay a legitimate firm again to bring the work up to standard or repair the damage.

Contractor Fraud Definition

Contractor Fraud – illegal business practices committed by firms hired to repair, reform, renovate or build housing and properties. Contractor fraud is typically carried out by smallfirms assuring rapid repairs or upgrades in short times and for lower market prices. The work is usually poor quality, redundant or may even cause damage to previously undamaged parts of a residence. The victim of contractor fraud is often pressured into paying for the work through threats and intimidation.

Tips to Avoid Becoming a Victim of Contractor Fraud

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Things You Should Know About Healthcare Programs Recipient Fraud

medicaid fraudEasy money have always been an attractive incentive for the majority of people. Some of us, are more likely to think that a little fraud will not lead to serious cases of criminal prosecution. For those who could not resist temptation – here are several things you should know about Medicaid Recipient Fraud.

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Why Do You Need an Attorney When Buying or Selling a House?

Buying a houseBuying a house will probably be the most significant and the largest financial purchase you will make in your life. Of course, the house buying or selling process is one of the most complex and stressful things that requires much time, knowledge and a lot of effort, but not only. Also, this process involves the law of real estate, because each state has its own requirements and certainly there are different cases and problems demanding special issues of practice in this field of law. A real estate lawyer is specially trained and has enough experience to deal with these problems.  That is why you should start with a consultation with an experienced real estate attorney, who can help you avoid making any mistakes in buying or selling a house.

Home Buying Statistics

The 2013 National Association of Realtors (NAR) has conducted a Home Buyer Survey and it claims that 16% of purchased homes were new houses. The average price for a house was $210,000. The average price for a new house constituted $259,000, and for a previously owned – $196,000.

According to NAR in 2012 the average household income of buyers was $83,300.

Financial Crimes Enforcement Network (FinCEN) states that 69,000 suspicious activity reports to mortgage loan fraud were received in 2012. Here you will find more information about home buying/selling statistics.

Who are All of the Parties Who Could be Involved in Your Real Estate Closing?

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Does Your Firm Need Cyber Insurance?

For law firms, protecting the confidential data of clients CYBER ATTACK. Word cloud concept illustration.any unintended leak of information related to intellectual property or a prominent legal case can be disastrous.

Many lawyers are often asked to safeguard sensitive information, but their ability to do so can be undermined by weak cyber security and determined hackers. If firm’s security is breached, cyber insurance may help protect against subsequent losses.

Key Marsh 2014 Cyber Survey Findings:

  • 79% of respondents in aggregate viewed cyber/privacy security as one of their top 10 risks in their overall risk strategy.
  • 72% said their firm has not assessed and scaled the cost of a data breach based on the information it retains.
  • 51% said that their law firms either have not taken measures to insure their cyber risk (41%) or do not know (10%) if their firm has taken measures.
  • 62% have not calculated the effective revenue lost or extra expenses incurred following a cyber-attack.

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