In this interview with Kent Ritter on his podcast, Ritter on Real Estate, guest Kim Lisa Taylor discusses how to identify fraudulent deals and bad sponsors before it’s too late. Among the points covered:

  • The reason people commit fraud
  • The three types of fraud:
    1. Illegally raising money (not following securities laws)
    2. Embezzlement – Partner Fraud
    3. Ponzi Schemes
  • Practical tips on what to look out for before and during your investment
  • What questions you should be asking your sponsors to validate their behavior
  • What to do if you find yourself in a position where you think fraud is happening in your deal

To listen to the podcast, click here

To read the transcript, click here