In a recent government meeting, officials discussed the rising threat of property fraud and the measures being implemented to combat it. A representative highlighted a new verification process for property owners, which includes a series of questions to confirm ownership and the recording of a voluntary lien against the property. This lien can only be released through a patented app accessible solely to the property owner.

The meeting also addressed a specific case of property fraud in Hendricks County, where a fraudulent transaction occurred outside the traditional title chain, resulting in a loss for the rightful owner. The representative noted that if the victim had been a member of a new insurance program, they could have potentially recovered their property through a \"smart policy.\"

Nationally, property fraud has surged dramatically, with a staggering 6,134% increase reported since 2011. In 2021 alone, there were over 11,500 reported cases, leading to losses of approximately $350 million. The representative warned that fraudsters are becoming increasingly sophisticated, employing fake notaries and documents to execute their schemes.

To raise awareness about these risks, the Indiana Recorders Association recently launched a property fraud awareness campaign, which included outreach across various regions of the state. Local officials plan to enhance communication efforts through customized websites, social media, and mailers targeting high-risk property owners.

The meeting concluded with the approval of a motion to implement the new equity protection measures, aimed at safeguarding property owners against fraud. Additionally, the 2025 claims schedule was approved without further discussion, indicating a smooth continuation of administrative processes.