I recently contributed a few best practices on how to protect yourself against
wire fraud scams and other cybercrime in the Inman News piece, «Scam steals closing money by hacking agent, escrow email.»
This is how many home buyers have fallen prey to
wire fraud scams.
In this video, NAR General Counsel Katie Johnson warns buyers about how to avoid being caught up in
a wire fraud scam during the purchase of their home.
Not exact matches
View this complimentary webinar to learn about the most common
fraud tactics, including BEC
wire scams, financial malware and ransomware, along with how commercial real estate companies are specifically targeted.
Wire transfers seem to be the service of choice for criminals (especially foreign ones) perpetrating shipping
scams and other related
fraud.
Last year's top
scams, like online romance schemes,
wire fraud and the emergence of cryptocurrency, led to $ 95 - million lost and continue to be an issue due to... Continue reading»
The only thing worse than being
scammed out of a large sum of money that you owe a bank eager to collect it is to get a knock on your door one morning and find a number of serious - faced federal agents there to inform you that you'll need to come with them because they think you're guilty of
wire fraud, conspiracy to commit money laundering, and god knows what else.
In this
scam lawyers will be duped into
wiring real funds from their trust accounts after depositing a fake cheque received as payment from the debtor (who is part of the
fraud).
In this
scam lawyers will be duped into
wiring real funds from their trust accounts after depositing a fake cheque received as payment from the purchaser (who is part of the
fraud).
McFarland is facing 40 years in the clink for his role in the
scam (aka a pair of
wire fraud counts).
And
wire scams are just one popular
fraud.
Your clients are at risk for identity theft should their personal information fall into the wrong hands, and your and your clients» money is at risk if a criminal gains access to information that allows them to perpetrate
wire fraud or impersonation
scams.
A hot new
scam targets home buyers: down payment
wire fraud.
Wire transfer
fraud scams are especially dangerous because the emails appear to be sent directly from the real estate agent, the electronic signature company, or the title company.
ABC Denver 7 recently reported a story about a family victimized by
wire fraud and
scammed out of $ 272,000.
Marcos Echevarria, Louis Gendason, John Incandela and Kimberly Mackey pled guilty to charges of conspiracy to commit
wire fraud for their part in a $ 2.5 million nation - wide reverse mortgage
scam.