Use this blog post to educate clients and business partners about a dangerous email wire fraud scam which can cost buyers and sellers tens of thousands of dollars. Based on a NAR alert, this information might just save someone you know!
- Wire Fraud Warning Advisory!
- Don’t Let Hackers Scam You Out of Your Down Payment
- Fraud Alert: Protect Yourself from this Email Scam
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Real estate transactions are often the target of sophisticated fraud schemes. Recently the National Association of Realtors released an alert concerning a wire fraud scam involving real estate professionals and their clients. Protect yourself!
From the post:
“Real estate transactions routinely involve the transfer of large sums of money, typically through wire transfers. Given the electronic nature of these transactions, they are somewhat susceptible to fraud. The loss of funds and the dream of homeownership for a buyer or seller can be absolutely devastating.”
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