Wire Fraud & Scams
Protect yourself and your clients from wire fraud and real estate scams.
Wire Fraud Alert
Wire fraud is the fastest-growing cybercrime in real estate. Criminals hack email accounts and send fraudulent wiring instructions to buyers, resulting in devastating financial losses. Always verify wiring instructions through a trusted phone number.
Prevention
How to Protect Your Clients
Never send wire transfer information via email
Always verify wire instructions by calling a known phone number
Be suspicious of last-minute changes to wiring instructions
Use encrypted email when sharing sensitive financial information
Educate your clients about wire fraud risks at the start of every transaction
Report any suspicious activity immediately to the FBI's IC3
Report Suspicious Activity
If you suspect wire fraud or have received suspicious communications, take immediate action:
FBI IC3: www.ic3.gov
Office: 717-761-4300