NLA title fraud Jamaica

A Jamaican man allegedly used a fictitious identity to secure $352 million in mortgage loans from four banks in a single month, in a scheme connected to a wider $600 million property title fraud ring that MOCA describes as the most brazen it has ever seen.

Jamaica’s MOCA has charged a doctor, an executive assistant and an unemployed man accused of operating an elaborate 15-month scheme to steal property titles, forge identities, and secure over $600 million in fraudulent mortgages from five financial institutions.