Monthly Archives July 2019

The Reality of Real Estate Wire Transfer Fraud

Whether you are a first time home buyer or an experienced Real Estate investor, no one is exempt from becoming the next victim of real estate wire transfer fraud. Real estate has become a prime target for cyber attackers. The crafty use of automated hacking software supplies cybercriminals with email lists. Potential victims are then targeted with phishing emails in an attempt to fraudulently attain email account passwords.  Once they have access to a victim’s account, criminals begin monitoring the activity of real estate transactions. When the time is right, the hacker sends an email to the buyer with “new”
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