Resolution 2017-213 RESOLUTION NO. 2017- 213
A RESOLUTION OF THE COLLIER COUNTY BOARD OF COUNTY
COMMISSIONERS REQUESTING THAT THE FLORIDA ATTORNEY
GENERAL INCREASE EFFORTS TO INVESTIGATE REVERSE
MORTGAGE FRAUD.
WHEREAS, while a reverse mortgage can be a legitimate financial tool available to senior
citizens, some vulnerable retirees may be susceptible to schemes targeting their lifestyle and
savings; and
WHEREAS, fraudulent reverse mortgage schemes perpetrated by unscrupulous
individuals can sometimes result in the loss of an unsuspecting senior citizen's equity; and
WHEREAS, the Office of the Inspector General from the United States Department of
Housing and Urban Development has issued a fraud bulletin warning of the danger of fraudulent
reverse mortgage schemes affecting senior citizens; and
WHEREAS, the US Census and Florida Department of Elder Affairs estimates that the 65
and older age group is the fastest growing segment of Collier County residents, comprising 29%
of our population compared to just 19% of all Florida residents, making our community a
significant target for fraudulent reverse mortgage schemes.
NOW,THEREFORE,BE IT DULY RESOLVED BY THE COLLIER COUNTY BOARD
OF COUNTY COMMISSIONERS, it is requested that the Honorable Pam Bondi, Attorney
General of the State of Florida, increase the State of Florida's efforts to identify and hold
accountable individuals who victimize Florida's senior citizens through reverse mortgage fraud.
THIS RESOLUTION ADOPTED after motion, second,and majority vote favoring same
this day of ‘m."0- ,\r--. , 2017.
ATTEST: BOARD OF COUNTY COMMISSIONERS
DWIGHT E. BROCK, CLERK COLLIER TY, FLORIDA
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Jeffrey ° atzkow
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