A Milton man has been formally charged in connection with a series of allegedly forged, local land titles that were investigated by the Forsyth County Sheriff’s Office in 2018.
Documents filed in Forsyth County Superior Court on April 8, state that David Potskhveracvili, 50, of Milton has been indicted by a grand jury for two charges of, “unlawful act in connection with registration of title to land” for allegedly forging documents and transferring ownership of two west Forsyth residences, 4130 and 4140 Plaza Drive, to himself by a quit claim deed on Oct. 12, 2017.
According to assistant district attorney Ramsey R. Magaro, “Based on the filing of the forged deeds, the defendant used the properties as collateral to secure a loan.”
A Forsyth County Sheriff’s Office incident report filed in this case states that local investigators were alerted to the forgery on Oct. 16, 2017, when the property owner of the two Plaza Drive addresses presented them with the allegedly fraudulent quick claim deeds.
The property owner told authorities that the transfer in ownership had happened without his permission and both the witness and notary in the paperwork of the transfer were unknown to him.
Potskhveracvili was arrested by the sheriff’s office at his home Sept. 6, 2018, charged with two counts each of theft by taking and property conversion fraud, according to sheriff’s office spokesman Cpl. Doug Rainwater.
Records show that he was later released from the Forsyth County Jail under a bond of $33,440. This case will be presided over by Superior Court Judge Philip C. Smith.
This content has been reproduced from its original source.
SHARE:
Thieves simply change ownership of your home from YOU to THEM. Then they TAKE OUT LOANS on your home and just disappear - leaving YOU with the payments and a mountain of legal bills.
Click to see if your home's title has been compromised.
Get your FREE TITLE SCAN and COMPREHENSIVE TITLE REPORT (a $100 value FREE with sign up)
Speak to a live agent
(800) 899-6268
100% Money Back Guarantee Within First 60 Days
Property ownership is not just the American dream, it's also the most flexible financial tool to build family prosperity. Home Title Lock ensures that your assets are protected against Title Fraud and Title Thieves.
Thirty years ago we started creating the largest database of property records in the United States. Today, that database has 6.1 billion property records. We protect your property value and ownership from on-line threats both foreign and domestic.
Speak to a live agent
(800) 899-6268
Berrien County woman falls victim to title fraud
A woman in Galien, Michigan falling victim to title fraud. She was making payments on a house only to learn it was secretly sold to someone else. She had a legal land contract with a 91-year-old woman who owns the home. Each month Joy made payments so she could one day own the home herself.
Man sentenced to prison for stealing home deed without signing loan
A Florida man was sentenced to prison for trying to steal a new $219,000 home by snatching and filing a signed deed without signing loan documents. A jury convicted him in September of grand theft and filing a false document against real property.
She had no idea her home could be stolen. Then she read her junk mail
Domestic and international thieves scour online records for homes with equity. It could be the home you live in, your vacation home, a home of an elderly relative, or rental property you own.
Once they change your home's ownership from YOU to THEM, they re-file the Quitclaim Deed for your home with the proper authorities so it appears your home has been legally sold.
They take out personal loans through banks and online lenders using all your home's equity. You likely won't know you're a victim until you start receiving late payments or foreclosure notices.
Click to see if your home's title has been compromised.
Get your FREE TITLE SCAN and COMPREHENSIVE TITLE REPORT (a $100 value FREE with sign up)
Speak to a live agent
(800) 899-6268
Everything is stored online these days - including your home's title. Domestic and international cyber-thieves target U.S. homeowners equity in their homes. Removing you from your home's title takes just minutes. Then they forge their name on the title document and refile it. Next, they take out loans using your home's equity and stick you with the payments. You likely won't know until you get a late payment or foreclosure notice from several banks.
Get your FREE TITLE SCAN and COMPREHENSIVE TITLE REPORT (a $100 value FREE with sign up)
SIGNUP TODAY© 2020 Title Lock Corporation. All Rights Reserved.
