Wire Fraud

Cyber Criminals Are Targeting Home Buyers and Sellers

When my wife and I sold our house in Westfield, NJ in 2017, our $239,000 mortgage payoff was stolen. The money was never recovered from...

Don't Sleep On the Threat of Real Estate Wire Fraud

A 2021 survey showed that 1 in 3 real estate transactions were targeted by cyber criminals. Real estate agents can no longer afford to...

Real Estate Agents Should Discuss Wire Fraud With Sellers and Buyers

In 2017, my wife and I became victims of real estate wire fraud when we sold our house. Cybercriminals changed the mortgage payoff wiring...

Even Realtors Can be Victims of Wire Fraud – I Was

How these scams happen, and how to prevent them Published in Inman, July 18, 2018. Written by Richard Hopen

Hackers Defraud Homeowners Out of Hundreds of Thousands of Dollars

Cybercriminals increasingly target real-estate deals, breaking into email accounts to craft custom scams [This article appeared in the...

The industry needs to have an urgent discussion on wire fraud

What you can and should be doing to prevent criminals from stealing real estate transaction funds. [This article was written by Jessica...