Wire Fraud Warning For Homebuyers

Wire Fraud Warning For Homebuyers

  The threat of wire fraud is real.  Find out how to identify home buying scams and protect your money from scammers.   In our ever-advancing hi-tech society, much of our information is shared online and via email.  Real estate transactions are no exception, with electronic signatures and online wire transfers becoming the norm.  As convenient as this may be, it also creates a vulnerability that hackers can exploit. The Federal Trade Commission and the National Association of Realtors recently issued a warning to homebuyers about email and money wiring scams.  Millions of dollars have been lost because of sophisticated...Read more