Insurance if the seller is a fraudster ?Make Text Bigger
Does anyone know of an insurance policy that a buyer can purchase to safeguard against the unlikely though catastrophic event of a fraudster pretending to be the seller of a property and the sale goes through to completion.
To be clear, the protection I’m seeking is for the would-be buyer, not the legitimate property owner whose property is hijacked.
This legal case demonstrates that the buyer’s lawyer wasn’t found liable as the fraudster provided false identification www.legalfutures.co.uk/latest-news/law-firm-duped-imposter-successfully-defends-claim-1m-property-fraud leaving the unfortunate buyer with a terrible financial loss!
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