Gina Leto

This is a very American problem. A bunch of decentralized systems that are kind of messy. And it creates a bunch of risk for anyone trying to buy a property. But there's also a very American fix for this problem. A market solution. Title insurance.

This is a very American problem. A bunch of decentralized systems that are kind of messy. And it creates a bunch of risk for anyone trying to buy a property. But there's also a very American fix for this problem. A market solution. Title insurance.

And it's in the company's best interest to do a good job. Because if something goes wrong, they are on the hook. When Gina Lito and her business partner purchased that overgrown lot in Connecticut, they paid for title insurance. And when she learned that it had been a fraudulent sale, her lawyer had the answer.

And it's in the company's best interest to do a good job. Because if something goes wrong, they are on the hook. When Gina Lito and her business partner purchased that overgrown lot in Connecticut, they paid for title insurance. And when she learned that it had been a fraudulent sale, her lawyer had the answer.

And it's in the company's best interest to do a good job. Because if something goes wrong, they are on the hook. When Gina Lito and her business partner purchased that overgrown lot in Connecticut, they paid for title insurance. And when she learned that it had been a fraudulent sale, her lawyer had the answer.

Anthony actually does hundreds of real estate transactions a year. And he regularly works with overseas clients.

Anthony actually does hundreds of real estate transactions a year. And he regularly works with overseas clients.

Anthony actually does hundreds of real estate transactions a year. And he regularly works with overseas clients.

So Anthony starts talking to his new client, a guy who calls himself Daniel, Daniel Kenigsberg, but who apparently lives in South Africa.

So Anthony starts talking to his new client, a guy who calls himself Daniel, Daniel Kenigsberg, but who apparently lives in South Africa.

So Anthony starts talking to his new client, a guy who calls himself Daniel, Daniel Kenigsberg, but who apparently lives in South Africa.

He says they had all the typical conversations. He got a scanned copy of Daniel's passport, emailed back and forth with him. Daniel filled out all the paperwork Anthony asked for.

He says they had all the typical conversations. He got a scanned copy of Daniel's passport, emailed back and forth with him. Daniel filled out all the paperwork Anthony asked for.

He says they had all the typical conversations. He got a scanned copy of Daniel's passport, emailed back and forth with him. Daniel filled out all the paperwork Anthony asked for.

It didn't really raise a hair. And before the closing, the title insurance company did its thing.

It didn't really raise a hair. And before the closing, the title insurance company did its thing.

It didn't really raise a hair. And before the closing, the title insurance company did its thing.

This guy Anthony had been talking to all along, as you might have guessed, was not our Daniel. He wasn't Apple Tree Daniel. This guy was a fake Daniel.

This guy Anthony had been talking to all along, as you might have guessed, was not our Daniel. He wasn't Apple Tree Daniel. This guy was a fake Daniel.

This guy Anthony had been talking to all along, as you might have guessed, was not our Daniel. He wasn't Apple Tree Daniel. This guy was a fake Daniel.