90-Year-Old Faces Eviction After Deed Scam
Ray Cortez, 90, is fighting to stay in his Brooklyn home of 54 years after falling victim to a deed scam in 2006. He thought he was securing funds for home repairs but unknowingly signed over ownership. A $700,000 loan was taken out on the property, leading to foreclosure and its $2 million sale. Now, he is battling in court to reclaim his home.
“It’s heartbreaking,” said his son, Ray Jr. “It’s been devastating.”
Widespread Deed Fraud
Cortez bought the home in 1969 for $20,000, and it is now worth nearly $3 million. Neighbor Tom Harriman called the situation “a travesty,” adding, “Everyone on this street is appalled.”
Attorney Bill Lienhard says deed theft is common in Brooklyn and Queens. “Everybody knows someone who has been a victim,” he said. The Attorney General is reviewing the case.
Protecting Your Home
Deed fraud happens when scammers forge or trick owners into signing away property. To protect yourself, monitor bills, verify deed status, check credit reports, and consider title insurance.
