Whaley was convicted in May 2012 of wire fraud, bank fraud, and money laundering.

@Bill Gulley I will let you know what I find Remind him you deal in Real Estate, mention the Statute of Frauds, mention that there are audit requirements by law for RE settlements, might mention to no lender will fund a loan that a title company won't insure the settlement to.

It's unclear what fraud or ommission might surface if the future and what claims might be made, but conidering that the banks are insured as to errors, ommissions and fraud by employees, that title insurance will defend good title, that claimiants will need to sue and that while a warranty deed was not issued, a special warranty deed or special warranty deed will sttae that the seller has the right to sell, I doubt any court would ever allow such calims to surface against future title holders, that any damage would be assessed and that the calimant would be indemnified without involving the future ownership of the property.....IMO.

I also called the Missouri State Patrol fraud division and the Finance Dept.

Form W7 and proof of identity will need to be submitted.

Resonse: " Do your own research"Me: " I did, hence my question" and I put something about fraud in...Response: "Yeah, fraud whatever.

Shaun Reilly,It is a precaution against fraud and theft.

Banks take mortgage fraud VERY seriously!

Providing an insured lending institution with false or misleading information falls under bank fraud, an error is one thing, intentionally giving such information is another.

Yes the returns are favorable, but more importantly, it aligns with my investor identity.