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Protect Yourself from Wire Fraud

In Home Buying, Selling, Transaction Tips by Nicholas NolanLeave a Comment

Never trust wiring instructions via email   Criminals/hackers are targeting email accounts of various parties involved in real estate transactions (e.g., lawyers, title agents, mortgage brokers, real estate agents). These emails are convincing and sophisticated. Among other concerns, this has led to fraudulent wiring instructions being used to divert funds to the criminal’s bank account. These emails may look like legitimate emails from the proper party. If you receive an email regarding instructions that contains any suspicious information, do not click on any links that may be in the email and do not reply.  Broker strongly recommends that Buyer, Seller, and their respective attorneys and …