Fraudbusters - Business Ethics Insights

Learn how a title agent’s ethical duties, standard of care, and fraud awareness work together to reduce risk, protect funds, and meet the reasonable expectations of the insured. Specific topics include: How ethical duties shape fraud prevention The modern standard of care for title agents Common real estate and title fraud risks Current scam tactics targeting transactions and funds Practical steps to reduce risk and protect closings Chapters: 00:00 - Speaker bios 01:13 - The core equation for ethical risk reduction 06:00 - Ethical and legal duty to the insured (Sears vs. Morgan) 15:53 - What "reasonable expectations" means in practice 25:11 - Why the agency agreement matters 33:54 - The Standard of Care now vs 15-20 years ago 38:23 - True title risks vs preventable losses 49:26 - Common fraud in real estate transactions 57:20 - Current scam tactics and tools 57:50 - Practical steps for risk reduction 01:01:30 - What the insured should expect today