Fraud prevention service saves California property owner from sophisticated scam RENO, Nev.–(BUSINESS WIRE)–EquityProtect, a leading innovator in real estate fraudFraud prevention service saves California property owner from sophisticated scam RENO, Nev.–(BUSINESS WIRE)–EquityProtect, a leading innovator in real estate fraud

EquityProtect Stops Second Real Estate Fraud Attempt in San Luis Obispo County

Fraud prevention service saves California property owner from sophisticated scam

RENO, Nev.–(BUSINESS WIRE)–EquityProtect, a leading innovator in real estate fraud prevention and data security, effectively protected a San Luis Obispo County property owner from a sophisticated real estate scam late last month. The situation marks the second time EquityProtect has prevented quit claim deed theft in San Luis Obispo County this year. In September, the company made headlines when it flagged and shut down a scam targeting a client subscribed to its monitoring service in the same county.

The two cases exemplify EquityProtect’s unique ability to identify and prevent fraud before it happens, highlighting the inefficacy of monitoring services that simply alert property owners after fraud has already occurred.

In late November, San Luis Obispo County property owner Charisse Martinucci, who had subscribed to EquityProtect’s proactive monitoring service, was immediately alerted that her property had been fraudulently listed for sale online.

EquityProtect, a company with affiliate relationships in counties nationwide, has pioneered not only the prevention of financial crimes, but also real-time alerts if a client’s property is listed on any online sales platform. It is the nation’s first and only true preventive solution to financial crimes associated with deed/title fraud.

Ms. Martinucci was notified by the EquityProtect system concerning the fraudulent listing. EquityProtect immediately stepped in to shut it down, contacting the listing agent and informing them that the lawful owner was not selling the property. They were, in fact, dealing with a fraudster.

“I was shocked to learn that someone was listing my property for sale, and I never would have known it if it weren’t for EquityProtect’s real-time monitoring,” said Martinucci. “Thankfully, the scam was flagged right away and the listing was removed before any further harm could be done. I am so thankful for EquityProtect’s fast-acting technology, which no doubt saved me from a financial headache of epic proportions.”

“Safeguarding homeowners from these devastating crimes is at the core of what we do at EquityProtect,” said Jon Dovidio, Vice President of Business Development at EquityProtect. “This type of fraud is widely misunderstood, and by combining education with proactive protection, we aim to drive real change—stopping these schemes and empowering homeowners to take back control of their property.”

Counties interested in learning more about how to partner with EquityProtect can connect with Jon Dovidio at jon@equityprotect.com.

About EquityProtect

As property fraud continues to rise, EquityProtect is at the forefront of real estate fraud prevention and data security with cutting-edge technology. A 2025 Inman Proptech Breakthrough award winner, EquityProtect develops innovative solutions to safeguard property owners and organizations from unauthorized data modifications and fraud, ensuring the integrity and security of real estate transactions worldwide.

Contacts

Press Contact
Jacob Gaffney

Gaffney Austin

817-471-7627

jacob@gaffneyaustin.com

Market Opportunity
MetaDOS Logo
MetaDOS Price(SECOND)
$0.0000044
$0.0000044$0.0000044
0.00%
USD
MetaDOS (SECOND) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…
Share
BitcoinEthereumNews2025/09/18 09:14
MSCI’s Proposal May Trigger $15B Crypto Outflows

MSCI’s Proposal May Trigger $15B Crypto Outflows

MSCI's plan to exclude crypto-treasury companies could cause $15B outflows, impacting major firms.
Share
CoinLive2025/12/19 13:17
Is Pepeto The Best Crypto Investment Over Dogecoin And Pepe Coin? All Signs Point To : YES

Is Pepeto The Best Crypto Investment Over Dogecoin And Pepe Coin? All Signs Point To : YES

Dogecoin and pepe coin reshaped the mood of crypto. Late-night charts turned into stories people still trade, big wins, painful misses, and the “what if” that lingers. Two names no one forgets because they made everyday traders believe the upside was real. Can those days return, or is 2025 a new game? Many investors are […]
Share
Tronweekly2025/09/18 07:15