Wire Fraud

Wire fraud is a very sophisticated scheme that is costing buyers billions of dollars each year. Criminals hack into the emails of buyers, sellers, realtors, loan professionals, title companies, and attorneys. They impersonate one of the parties in the transaction to try to deceive the buyer into sending their funds to a different account. The email will look legitimate and will contain wiring instructions and the amount to be wired. They will try different tactics to try to trick the buyer. Never send funds without confirming the account information first!