Washington, D.C. – In a brazen scheme, a group of professional tax title grabbers have been fleecing real estate taxpayers out of a staggering $233,000 in delinquency penalty charges annually. But a new provision in the District appropriations bill aims to put the brakes on this thriving business of bidding in delinquent property to the cost of real owners. Introduced by Congress, the 15,000-item provision would set in motion the machinery for the mailing of advance notices on taxes assessed against real property.
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Key Facts
- State: National
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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