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WIRE FRAUD IS ON THE RISE, BE VIGILANT

Fraudsters may be lurking in the shadows of the web, watching your email for clues that you are about to complete a real estate transaction, and that makes you vulnerable to fraudulent emails directing you to send funds, via a wire transfer, in anticipation of your closing. 


Remember the fraudster may have specific details about your closing transaction, and while it may seem convincing – often there are clues in the email to alert you that the email is a fraud. 

 

We will ALWAYS call you in advance to advise you that a wire is required to complete your closing.  AFTER the phone call, we will then send you an encrypted email with instructions to initiate a wire.   And we will always take the time & recommend that you first call to VERIFY the wire instructions, prior to initiating the transfer!! 


 

3 TIPS TO AVOID BEING A VICTIM: 

  1. Call our office at a verified phone number PRIOR to initiating a wire transfer to confirm the wire instructions are accurate.
     

  2. NEVER send personal or financial information via email, unless it's secure or encrypted.
     

  3. Slow down & carefully read all emails.  Sometimes a simple vernacular will indicate that the email is a fraud or the email address initiating the correspondence may be suspicious.  Be sure to trust your instincts if what you receive doesn’t seem quite right. 

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