At a House Energy and Commerce subcommittee hearing on Wednesday, U.S. Rep. Joe Barton, R-Texas, says that a legislative fix may be necessary to keep shiny wrecks with phony titles from being sold to gullible car buyers. Title fraud occurs by altering or duplicating the title of a flood-damaged or totaled car to give it a clean title history. The scale of Hurricanes Katrina and Rita highlighted the title fraud problem, with some estimating that more than 600,000 vehicles may have been damaged.
Bill Suggested To Halt Fraud In Sale Of Katrina-Damaged Cars
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