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    Wire Fraud: An Important Reminder

    Criminals are hacking into email accounts of real estate professionals or their clients and using information about closing dates and other needs to convince buyers and/or sellers to send a fraudulent wire transfer. Don’t fall victim to this sophisticated scam. Very little can be done to retrieve the funds once they are sent. Here are some tips to keep your funds safe.

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    For more information on Wire Fraud and what you should do if you believe you’ve fallen victim to it, visit https://www.nar.realtor/topics/Wire-Fraud.

    Get a printable version of the infographic here.

    Emily Schaffer • Senior Communications Writer / Coordinator

    Emily is the Senior Communications Writer and Coordinator. In addition to writing about TREND tools and functionality, she oversees communications about updates to the MLS, as well as the editorial content. Meet more TREND staff...

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    1 - 1 of 1 Comment
    L. Robert Frame
    6/8/2017 5:58 PM

    This just happened in a transaction that I am involved with. Buyer wired money based on an e-mail he thought was coming from his title company. It didn't! Miraculously, the money was retrieved before it was disbursed to the lending institution of the criminals. Always verify and re-verify prior to wiring money for real estate or any other transaction.

    Bob Frame
    Coldwell Banker Preferred - Exton

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