Issues of Property Fraud and Prevention Strategies in the Perspectives of Real Estate Negotiator (REN) in Johor

Property frauds, also known as real estate frauds, refer to deceptive practices or illegal activities perpetrated within the context of real estate transactions. These frauds involve various schemes, tactics, or misrepresentations aimed at deceiving buyers, sellers, or other parties involved in property transactions for financial gain. Property frauds can result in significant financial losses, legal disputes, and reputational damage for the victims. While most of these organizations operate ethically and provide valuable services to clients, there have been cases of fraud and misconduct within the industry. It is important to be aware of these trends and to take preventive measures to safeguard against such fraudulent activities. Frauds in real estate can take various forms, such as forgery, misrepresentation of property details, alteration, system and network hacking also in transactional and credit card payment. These activities can lead to financial loss and legal complications for unsuspecting buyers and investors. Therefore, the objective of this study is to investigate the frequency of the type of fraud that occurs in Johor and examine the prevention method that should be carried out. This research paper aims to examine the prevalence of property frauds in Johor, Malaysia, with a specific focus on the role of real estate negotiators in preventing and mitigating fraudulent activities. By analysing the types of property frauds, current trends, and the effectiveness of preventive measures, this study seeks to contribute to a better understanding of the challenges faced in the real estate industry and propose strategies to enhance fraud prevention and protect the interests of buyers and sellers.