What is Property Fraud? Property fraud occurs when an individual uses a forged document to sell, transfer or incumber property that does not belong to them.The Miami-Dade Police Department (MDPD) also handles mortgage and property fraud investigations. Which works out to 36962 a month. If you suspect that someone has obtained a fraudulent deed to your property, notify the Economic Crimes Unit of the Miami-Dade Police Department. Forgery is the crime of making, altering, using, or possessing false writing in order to commit fraud. Providing accurate information on your mortgage application and using a licensed mortgage agent or broker can help you avoid being involved in mortgage fraud. 'Fraudsters are filing fake documents that convey real property to the improper owner. MiamiCounty property owners can register for a free service to alert them of property fraud. Property fraud occurs when an individual uses forged documents.