Wire fraud?Why do you need to know about wire fraud? For the last several years it has been on the rise. When doing a real estate transaction many people will wire funds directly to the title
Mar 10 2021 70312 1
Dated: March 10 2021
Views: 1174
Wire fraud?
Why do you need to know about wire fraud? For the last several years it has been on the rise. When doing a real estate transaction many people will wire funds directly to the title company. With the advancement of photoshop and other apps it is so easy to make an email look like it is legit.
Before ever wiring funds. Call directly to your Title company and ONLY speak to someone who you know works for the company. If in doubt call your Realtor. I would have no problem verifying the worthiness of the routing information for any of my clients. Unfortunately, people have lost all the down payment money. In turn, they lose the purchase of the home they have been visualizing as their own. Please be extremely careful.
Patricia Mealy
As a multi-million dollar producer and recipient of yearly award, I’ve had the privilege of working with first-time buyers/sellers , Luxury properties and investment properties. The reason I am pas....
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