construction escrow fraud Jamaica

Buyers of off-plan properties in Jamaica who make stage payments into developer-controlled escrow accounts — or accounts presented as escrow but not independently controlled — have lost substantial sums when developers misappropriate the funds, fail to complete construction, and become insolvent. Understanding how genuine escrow arrangements work and what protections are available is essential for any off-plan buyer.

Property insurance fraud in Jamaica ranges from the inflation of legitimate claims to the deliberate destruction of property to collect insurance proceeds. Both activities are criminal offences, and insurance companies have become increasingly sophisticated in detecting and investigating suspected fraud. Property owners who suffer genuine losses should take care to document claims accurately to avoid the suspicion that attaches to inflated or suspicious claims.