Free Republic

CBS4 News uncovered something every homeowner should know about. Your home can be stolen from you, with the filing of just one fraudulent documentat the County Clerk's office. It's a scam that is spreading across South Florida, and three influential leaders are teaming up to stop it. ....Using a fake notary and forged signatures on a quitclaim deed, the individual illegally transfers the ownership of a home to a third-party, a "straw buyer," who in turn sells the home to an unsuspecting real buyer. The thief then pockets the cash and runs, sometimes getting hundreds of thousands of dollars at...

Joe Paterno transferred full ownership of his house to his wife, Sue, for $1 in July, less than four months before a sexual abuse scandal engulfed his Penn State football program and the university. Documents filed in Centre County, Pa., show that on July 21, Paterno’s house near campus was turned over to “Suzanne P. Paterno, trustee” for a dollar plus “love and affection.” The couple had previously held joint ownership of the house, which they bought in 1969 for $58,000. According to documents filed with the county, the house’s fair-market value was listed at $594,484.40. Wick Sollers, a lawyer...

STATE COLLEGE, Pa. — Joe Paterno transferred full ownership of his house to his wife, Sue, for $1 in July, less than four months before a sexual abuse scandal engulfed his Penn State football program and the university. Documents filed in Centre County, Pa., show that on July 21, Paterno’s house near campus was turned over to “Suzanne P. Paterno, trustee” for a dollar plus “love and affection.” The couple had previously held joint ownership of the house, which they bought in 1969 for $58,000. According to documents filed with the county, the house’s fair-market value was listed at $594,484.40....