Scam artists find out about pending sales and try to get the proceeds diverted to their accounts, the FBI said.
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The notion of selling someone’s property without them knowing might seem far-fetched, but attempting the scam isn’t difficult.
A bill that attempts to close a tax loophole revealed by a Review-Journal investigation passed the Legislature and awaits action by Gov. Joe Lombardo.
Experts say the legislation to close the transfer tax loophole will not result in a significant increase in the payments.
Nevada lawmakers are looking to close a loophole that has let casinos and other big property owners avoid paying transfer taxes.
Vici Properties generated $2.6 billion in revenue last year and said about 45 percent of the haul stemmed from its properties on Las Vegas Boulevard.
The towering north Strip resort is set to open this year, following prior stops and starts.
Lawmakers introduced the bill in response to a Review-Journal investigation that showed some of the largest real estate transactions did not pay a transfer tax.
The new 12-story building at the Henderson casino-resort is slated to feature 375 rooms and about 15,000 square feet of additional ballroom space.
A North Dakota tribal nation closed its $10.25 million purchase of the former White Sands Motel site last week.