{"id":9985,"date":"2009-10-07T09:21:53","date_gmt":"2009-10-07T16:21:53","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=9985"},"modified":"2009-10-07T13:41:07","modified_gmt":"2009-10-07T20:41:07","slug":"stopping-horse-fraud","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9985\/stopping-horse-fraud\/","title":{"rendered":"Stopping Horse Fraud"},"content":{"rendered":"

In addition to a criminal law practice, I’m building an equine law practice.<\/a> \u00a0This is where the real money might be made, and real good might be accomplished.<\/p>\n

Each year, tens of millions of dollars are swindled from horse owners. \u00a0Unlike the real estate industry – which has its share of fraud and corruption, and brokers serving as “agents” on both sides of the deal – the equine industry has very little transparency, no mandated disclosure forms, and no independent verification of price or value.<\/p>\n

Agents, acting on behalf of the buyer or the seller, will sometimes pad the price, will sometimes simply tell the other side that the buyer is looking for a horse in such-and-such price range (which will signal to the seller to raise the price of the horse), will not disclose important health or soundness issues, and will engage in strawman purchases, where the agent buys the horse and flips it to the true buyer days later.<\/p>\n

Because there are no mandated disclosure forms, and because so many deals are done on a handshake, the buyer may never realize she bought a horse for tens of thousands more than the seller sold the horse. \u00a0The agent in the middle pockets the difference, in addition to the agent’s stated 10 or 15 percent commission. <\/p>\n

If you’ve been around hunters, jumpers, eventing horses, or dressage horses, you know what I’m talking about.<\/p>\n

The goal of my practice is not just to clean up a mess after the fraud has been done (which is a very difficult thing to uncover), but to stop the fraud in its tracks. \u00a0I’ll be launching EquineSurety in January, 2010. \u00a0In the meantime, I’m taking some lessons’ out of Phil Hodgen’s book, building out a website, starting the marketing, creating videos, building out content, and networking in the industry.<\/p>\n

Here are the first videos…<\/p>\n

Stop Horse Fraud<\/a><\/p>\n

…a series of which I’m creating, which are simple, clean, and ask provocative questions. \u00a0I have a sign-up form on the website to start to collect names of interested horse owners who can later been contacted once the project is launched.<\/p>\n

Already, I’ve gotten some good Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In addition to a criminal law practice, I’m building an equine law practice. \u00a0This is where the real money might be made, and real good might be accomplished. Each year, tens of millions of dollars are swindled from horse owners. \u00a0Unlike the real estate industry – which has its share of fraud and corruption, and […]<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-9985","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":10552,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10552\/into-the-belly-of-the-beast\/","url_meta":{"origin":9985,"position":0},"title":"Into the belly of the beast…","author":"Damon Chetson","date":"December 12, 2009","format":false,"excerpt":"So I've been building a criminal practice... I've now reached the point that I'm bringing in enough clients to make that self-sustaining in terms of paying the bills and generating some income. Criminal practice is fun, but limited in terms of compensation. My intention has always been to add at\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1540,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1540\/on-the-sorry-state-of-los-and-equine-resurrection\/","url_meta":{"origin":9985,"position":1},"title":"On the Sorry State of LOs and Equine Resurrection","author":"Allen Butler","date":"June 14, 2007","format":false,"excerpt":"Now, having been an infrequent contributor, and feeling a bit like a schmuck for such, I am resolved to start writing again. So, I have applied what little magic I have left to resurrect a dead horse. With my passions aflame, I will ride this undead creature until such a\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2179,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2179\/a-consumers-guide-to-the-divorced-real-estate-commission-why-buyers-and-sellers-each-paying-for-their-own-representation-is-the-most-significant-reform-that-can-be-made-today-in-residential-real-estat\/","url_meta":{"origin":9985,"position":2},"title":"A consumer’s guide to the divorced real estate commission: Why buyers and sellers each paying for their own representation is the most significant reform that can be made today in residential real estate","author":"Greg Swann","date":"November 7, 2007","format":false,"excerpt":"Part I: How we got into this mess in the first place Can we be straight with each other? I'm not a soft and subtle kind of guy, and my working assumption is that you are sick to death of being hustled -- handled -- lied to. We yammer all\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/87\/dual-agency-benefits-neither-buyer-nor-seller\/","url_meta":{"origin":9985,"position":3},"title":"Dual agency benefits neither buyer nor seller","author":"Greg Swann","date":"July 14, 2006","format":false,"excerpt":"Quote: \"Double-dipping isn't very far from double-dealing, and dual agency has always been the Achilles' heel of the real estate industry.\" That's me in today's Arizona Republic. Here's a more permanent link. And here is the BloodhoundRealty.com policy on dual agency. The topic is important enough to us that I\u2026","rel":"","context":"In "Dual Agency"","block_context":{"text":"Dual Agency","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dual-agency\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/NoDualAgency.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1175,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1175\/days-on-market-it-is-a-stupid-question-and-a-stupid-answer\/","url_meta":{"origin":9985,"position":4},"title":"Days On Market? It is a stupid question and a stupid answer","author":"Russell Shaw","date":"March 20, 2007","format":false,"excerpt":"The obsession to keep the Days On Market (DOM) \"accurate\" is just one example of a misevaluation of relative importances. Our local MLS, Arizona Regional Multiple Listing Service (ARMLS) fixed up the system so it would show the \"true days on market\". If a property had been listed before then\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"Money Angel","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/03\/Money%20Angel.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":144,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/144\/the-buyer-can-and-should-negotiate-the-buyers-agents-compensation\/","url_meta":{"origin":9985,"position":5},"title":"The buyer can — and should — negotiate the buyer’s agent’s compensation . . .","author":"Greg Swann","date":"July 28, 2006","format":false,"excerpt":"My phone hasn't rung yet, but my ears are already burning. My column in today's Arizona Republic: Buyer should negotiate compensation for agent. (A more-permanent link.) This is Ardell's turf, of course, although my take on The Big Picture is somewhat different. In any case, I expect to have my\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=9985"}],"version-history":[{"count":5,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9985\/revisions"}],"predecessor-version":[{"id":9987,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9985\/revisions\/9987"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=9985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=9985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=9985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}