LATEST FROM CALIFORNIA - PROPERTY TAX FRAUD

PROPERTY TAX FRAUD is the latest scam to hit California. In a state that is nearly bankrupt and where property taxes are like to rise substantially, fraudsters are promising home owners that they are in a position to revalue to their property downwards, therefore reducing the tax base which, in turn, means lower taxes to be paid. These scammers show up unannounced, with official looking business cards and official looking forms on clipboards. Simply fill out the form, pay the registration fees with a credit card (or, even better, with cash) and... that's the last you see of your money.