Wire Fraud Alert
Criminals target social media and email to steal information
DO NOT BE THE NEXT VICTIM OF WIRE FRAUD!
Common in real estate transactions because sensitive data (e.g., social security and bank account numbers, wire instructions) is often sent electronically.
Money wired to a fraudulent account is stolen money that usually is unrecoverable and not covered by insurance.
Protect yourself from wire fraud in real estate transactions by…
Verifying Instructions
Verify emailed wire instructions by immediately calling your trusted escrow officer.
DO NOT Respond To Emails Seeking Personal/Financial Information
Verify by calling an escrow officer immediately.
Only Trust Your Known Source Of Information
Never direct, accept or allow anyone in the transaction to consent to accept or change wire transfer instructions without first making a direct personal telephone call to verify the identity of the individual providing those instructions.
It is imperative that this verification call be made only to a number which you previously obtained in person (or through other reliable means) from the individual you know and trust; NOT from a number provided in a subsequent email or wiring instructions.
