Real estate wire fraud remains threat to consumers

March 1, 2020

Rich Hopen, a Redfin agent in New Jersey, learned firsthand the dangers of real estate wire fraud. After he sold his house in late 2017, his $239,000 mortgage payoff disappeared. The culprit, he believes, was a scammer who hacked his attorney’s email and sent wire instructions to the title company. The fraudster was meticulous enough…To read more — login/subscribe

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