ALERT: Wire Fraudsters Targeting Real Estate Transactions

I thought I heard of everything until I saw this article. I guess thieves are more inventive than I thought.

Now it seems, scammers will hack a Realtor's email account and monitor her/his email to see when a particular transaction is closing, the buyer's email address, etc. Once they know that they will send an email to the buyer with bank wire instructions. And of course that wire is to the bank account of the criminal, and the next thing you know the buyer's account will be drained.

So there it is in a nutshell. Another scam to keep an eye out for.



ALERT: Wire Fraudsters Targeting Real Estate Transactions