Phishing Scam


A new phishing scam is targeting real estate broker email accounts to victimize buyers. Here’s how it works:
• The broker’s email account is hacked.
• The scammer monitors the email account for discussions about upcoming closings.
• The scammer sends fraudulent wire-transfer information from the broker’s email account to the buyer.
• Those instructions direct the transfer to an entity owned by the scammer, which may appear to be a closing or title agency office.

More information here –