• Introduction
  • Exploring an often overlooked aspect of vehicle purchases: the authenticity of VIN numbers.
• Why VIN Verification Matters
  • Highlighting the importance of VIN verification and inspections by DMVs.
  • Emphasizing that these measures are in place to protect consumers.
• Case Study: The Texas Purchase
  • Illustrating a case where a buyer in Texas thought they had done their due diligence.
  • Despite running background checks and history reports, they unknowingly encountered a fake VIN number.
  • Discussion on the replacement of the original VIN with an improper one.
• Understanding VINs
  • Clarifying the redundancy of saying "VIN number" and its common usage.
  • Detailing the multiple locations of VINs on vehicles (cow, dashboard, frame, doorpost, etc.).
  • Noting that concealers often only alter the visible VIN, leaving hidden VINs intact.
• Additional VIN checks
  • Pointing out the VIN displayed through the OBD plugin for diagnostic purposes.
  • Warning against inadvertently purchasing stolen, salvage, or export-only vehicles.
• Legal Ramifications
  • Highlighting the illegality of moving VINs between vehicles.
  • Discussing the serious federal statutes against VIN tampering.
• Consumer Resources
  • Encouraging the use of the podcast's website as a free consumer resource.
  • Offering assistance in ensuring proper VIN verification and eligibility for a vehicle title.
• Conclusion
  • Stressing the significance of thorough VIN checks and the risks associated with fake VIN numbers.

If you have questions or want to delve deeper into today's topics, visit at CarTitles.com for additional resources. Until next time, stay insured and stay informed!

Introduction:

• It's been quite a week for calls from clients. Today, we're diving into some developing trends regarding hidden assets and fraud against clients.

Trend Analysis:

• Concealment of assets in legal cases, including family law, probate, divorce, child support, and litigation, is on the rise.
• Various methods of asset concealment are emerging, often attempted by amateur hiders.

Examples of Concealment:

• In divorce cases, individuals are moving funds out of shared accounts before settlements, aiming to retain a larger portion for themselves.
• Similarly, in probate cases, heirs are hiding assets to prevent fair distribution among relatives.

Methods Used:

• Quick claim deeds, cryptocurrency, trusts, and prepaid tax accounts are among the methods used for asset hiding.
• Transferring assets to another person's name is also a common tactic.

Legal Implications:

• Some attorneys advise clients to hide assets, believing they won't be discovered due to a lack of thorough asset searches.
• However, uncovering hidden assets can lead to legal consequences, including fines and repayment.

Advice from Legal Experts:

• Attorneys suggest thorough documentation and court filings to expose asset concealment and seek appropriate remedies.

Conclusion:

• Hidden assets are becoming increasingly prevalent, but legal avenues exist to uncover and address such deception, ensuring fair outcomes in legal proceedings.

If you have questions or want to delve deeper into today's topics, visit at ActiveIntel.com for additional resources. Until next time, stay insured and stay informed!

Introduction:

• Have you ever wondered what options are available to recover a judgment or loss if you've been defrauded? In many cases, the best course of action comes from third parties or insurers. Today, we delve into strategies for serving justice and financial recovery in the aftermath of fraud.

Wells Fargo and Third-Party Liability:

• Discussion of a recent Wall Street Journal article highlighting Wells Fargo's legal battles due to alleged failures in detecting Ponzi schemes.
• An explanation of how banks can be identified as third-party enablers and held vicariously liable in fraud cases.
• Example of the Scott Rothstein Ponzi scheme case, where TD Bank was compelled to compensate victims.

Third-Party Liability:

• Emphasis on the importance of exploring third-party liability for recovery when fraudsters vanish with insufficient funds to reimburse victims.
• Illustration of how banks can easily detect fraudulent activity through analytics and due diligence.
• Disclaimer: While not legal advice, understanding third-party liability can be crucial for victims seeking restitution.

Judgment Preservation Insurance:

• Introduction to judgment preservation insurance as a risk management option for litigants.
• Explanation of how this insurance provides leverage during negotiations or appeals, ensuring the claimant receives their rightful compensation.
• Example scenario: How judgment preservation insurance works even if a verdict is reduced on appeal.

Conclusion:

• Encouragement to explore both third-party liability and judgment preservation insurance as avenues for recovering judgments or losses resulting from fraud.
• Reminder: seek professional legal advice tailored to individual circumstances for the best course of action.

If you have questions or want to delve deeper into today's topics, visit at ActiveIntel.com for additional resources. Until next time, stay insured and stay informed!