This guy in Michigan filed for fake titles to clear valid liens, now going to jail for 10 years.
“Solomon Israel, 60, devised and ran a business that fraudulently re-titled vehicles. His scheme involved obtaining Michigan titles that appeared to give him free and clear ownership to vehicles but actually had third party, finance company security interests. Israel then used the fake titles to get new ones from other states, fraudulently cancelling the third-party interests. He then resold many of the vehicles with the fake titles, causing hundreds of thousands of dollars in losses to the financing companies.”
