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Protecting Buyers Against Wire Fraud

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Following up on our recent Coffee Corner discussing Cyber Fraud, here’s a short video by Margy Grant on the subject of Wire Fraud.

Wire fraud cases are on the rise; and buyers are being bilked out of hundreds of thousands of dollars. Criminals use sophisticated software to hack email accounts and look for keywords that indicate a transaction is in progress. Florida Realtors has added a Wire Fraud Prevention notice to the forms library to assist agents in working with buyers to help them understand the danger of fraudulent wiring instructions.

If you would like an infographic on what to look for in a fraudulent email please email me, Katie@TitleSecurityFL.com.

Thank you Florida Realtors.

http://www.TitleSecurityFL.com

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Author: KatherineMatson

Senior Closer at Title Security in St. Petersburg, FL.

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