Catching construction fraud: 3 real cases solved by satellite imagery
Case 1 — Phantom foundation. A borrower in Texas submitted draw documents claiming a $2.1M slab pour. Satellite imagery from the same week showed bare dirt. The lender paused the draw and recovered the funds.
Case 2 — Recycled photos. A multifamily developer reused progress photos from a sister property to support a draw on a stalled project. Time-stamped satellite captures proved the second site had not changed in 11 weeks.
Case 3 — Equipment theater. Heavy equipment was rented and parked on-site only on inspection days. Daily satellite monitoring revealed the machines vanished within 48 hours of every scheduled visit.
These aren't edge cases. Construction fraud costs the U.S. lending industry an estimated $5–10B annually. Objective remote sensing makes most of these schemes mathematically impossible.
Pricing
Start monitoring your sites this week
Month-to-month plans, cancel anytime. Every plan includes weekly satellite captures, AI change detection, and automated PDF reports.
Starter
For lenders and developers monitoring a single active project.
- 1 active site
- Weekly satellite captures
- Automated PDF reports
- Email support
Growth
For portfolios of 2–25 active loans or projects.
- Up to 25 sites
- Daily captures + alerts
- Branded reports + API
- Portfolio dashboard
Enterprise
For institutional lenders, funds, and insurers at scale.
- Unlimited sites
- SSO / SAML
- Dedicated CSM
- Custom SLAs
A traditional in-person draw inspection costs $1,200–$3,500. Satellite monitoring delivers weekly verification for a fraction of that — see the full pricing page for volume discounts.
