WIRE FRAUD SCAM
We recently had another wire scam issue. Thankfully the buyers double checked the wire instructions, but the buyers agent’s email was hacked.
Plus I had lunch with an agent from another company Monday and a buyer in his office lost over $60,000 in a wire scam. Again, the agent’s email was hacked.
PLEASE CHANGE YOUR EMAIL PASSWORD
Then please take 2 minutes and read Gail Anderson’s article on Wire Fraud Scams below….
PLEASE NOTE… Last summer a Kansas court held a broker and agent responsible for funds lost in a wire fraud scam, over $167,000
Here are a few steps you can take to protect yourself and your clients.
1. Change your email password on a regular basis.
2. Educated your clients about wire fraud.
3. NEVER email wire instructions to your client. Let the title company send them.
4. Have your clients call the title company to verify the account number over the phone.
5. NEVER send confidential info over free Wi-Fi.
6. Share this Wire Fraud Notice with all your clients.
If you have any questions, please feel free to contact me anytime.
I am always here to help.
Thanks!
Craig
Click image to read article
