PROTECT YOUR MONEY

December 11, 2017 Uncategorized

protect your money

PROTECT YOUR MONEY WHEN BUYING A HOME FROM WIRE FRAUD SCHEMES

Every day, hackers try to steal your money by emailing fake wire instructions. Criminals will use similar email addresses and steal a logo and other information to make it look like the email came from your real estate agent or Title Company.

You can protect yourself and your money by following these steps:

BE VIGILANT

*Call to confirm wiring instructions by phone using a known number before transferring your funds.
*Be suspicious, it is uncommon for title companies to change wiring instructions and payment information by email.

PROTECT YOUR MONEY

*Confirm everything: Ask your bank to confirm the name on the account and account number before sending the wire. Confirm that your bank is sending a wire and not an ACH transfer. Verify within 4 hours that your title company has received your money.

WHAT TO DO IF YO ARE TARGETED?

*Immediately call your bank and ask them to issue a recall notice for your wire.
*Report the crime to www.IC3.gov