Several Realtor® Associations and title companies around the country have issued alerts about this type of scam. The Kansas City Association of REALTORS® advised that “These scammers have been particularly focusing on real estate agents with Gmail or Hotmail email accounts. It appears that the perpetrators have been hacking the email accounts looking for closing wiring instructions contained in the body of emails.” When they discover wire instructions in the accounts, the scammers notify the buyer and change the instructions for the wire.
For more information on the wire-fraud scam, please refer to the following website links:
Valerie Dailey & The Showcase Team