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Eye on America (Boom or Bust) #790468

CBS Evening News for Thursday, May 19, 2005
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(Studio: Bob Schieffer) Special series on the housing boom continued.

(Shaker Heights, Ohio: Randall Pinkston) The growing problem of equity skimming, in which scam artists use fraudulent documents to transfer empty homes into their own names, featured; photo shown of suspect Richard Lenard††. [Home theft victim Jon THOMAS†, attorney Dean BOLAND†- describe how Thomas’ parents’ home was stolen.] [Cuyahoga County, Ohio, Recorder Patrick O'MALLEY†- says anyone with ill intent could fraudulently transfer property.] [Philadelphia district attorney Lynne ABRAHAM†- says the rightful owner could wait years for restitution.] NOTE: Local weather bulletin on screen.

Schieffer, Bob;
Pinkston, Randall

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