Sacramento Report
February 15 2011
Report on Fraud Trust Fund
County participation in the Real Estate Fraud Prosecution Trust Fund Program is the subject of a report issued by the Legislative Analyst’s Office (LAO). Participating counties are allowed to charge an additional $3 for recording to fund the program. The funds are to be used by law enforcement and district attorneys to “deter, investigate, and prosecute real estate fraud.” The report indicated that by 2009-10, 21 counties had reported participating in the program at an annual statewide cost of about $10 million. There were significant variations from county to county. See the full report, with a county by county breakdown.
