If you’re entering a real estate transaction this year, both buyers and sellers should be aware of the dangers of wire fraud. Wire fraud can occur during a real estate transaction, and it could happen to unsuspecting buyers in a transaction. This is why it is important that, even if one thinks that their email is secure, they always CALL the sender of the wiring instructions to confirm on the telephone with a live person the details of the wiring instructions.
To learn more about wire fraud click here.
