Which type of fraud occurs when individuals purchase a home they don't plan to live in and then deed the home over to another person who plans to live there?

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Straw buyer fraud involves a situation where an individual purchases a property on behalf of another person who actually intends to live in or use the property but cannot qualify for a mortgage on their own. The "straw buyer" is used to conceal the true identity of the actual purchaser.

Which Type of Fraud Occurs When Individuals Purchase a Home