{"id":3215,"date":"2017-04-10T00:00:00","date_gmt":"2017-04-10T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/wire-scam-warnings-as-spring-season-starts\/"},"modified":"2017-04-10T00:00:00","modified_gmt":"2017-04-10T00:00:00","slug":"wire-scam-warnings-as-spring-season-starts","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/wire-scam-warnings-as-spring-season-starts\/","title":{"rendered":"Wire Scam Warnings as Spring Season Starts"},"content":{"rendered":"

\n<\/p>\n

\n <\/p>\n
<\/p>\n

As the spring homebuying season begins to heat up, the real estate<\/a> and title insurance industries are reminding home buyers about wire fraud scams increasingly targeting them to steal their down payment funds<\/a>.<\/p>\n

The National Association of REALTORS\u00ae has issued warnings\u00a0to its members that hackers are trying to gain access to insecure email accounts and search inboxes for messages related to real estate transactions. The hackers then draft fake emails to buyers that appear to come from their real estate agent<\/a>, title representative, or attorney, with instructions to wire down payment money to a fraudulent account. If the consumer sends the money, it usually becomes untraceable within minutes.<\/p>\n

The American Land Title Association urged the Consumer Financial Protection Bureau in a letter last week to step up efforts to warn consumers about the growing threat of real estate wire fraud schemes. “Despite efforts by the title industry industry and others to educate consumers about the risk, home buyers continue to be targeted,” says ALTA CEO Michelle Korsmo. “With the spring homebuying season underway, it’s vital to continue raising awareness about these schemes. The Consumer Financial Protection Bureau should take this opportunity to protect consumers from criminals looking to steal their money.”<\/p>\n

ALTA says a CFPB alert should provide tips on how consumers can better protect themselves and provide questions they should ask real estate professionals about procedures to protect their settlement money.<\/p>\n

\u2014Melissa Dittmann Tracey, REALTOR\u00ae Magazine<\/em><\/p>\n<\/div>\n<\/div>\n

[ad_2]
\n
 link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As the spring homebuying season begins to heat up, the real estate and title insurance industries … Wire Scam Warnings as Spring Season Starts<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3216,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[695,518,1403,625,516,205,1330,12908,543,698,41,818,84,385,10234,15296],"class_list":["post-3215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-agent","tag-america","tag-buy","tag-down-payment","tag-estate-agen","tag-estate-agent","tag-financial","tag-home","tag-home-buying-guide","tag-insurance","tag-property","tag-real","tag-real-estate","tag-real-estate-agent","tag-settlement","tag-target"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/74XFaYCIAYo","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7956,"url":"https:\/\/amazingproperty.com.ng\/blog\/who-are-the-hackers-targeting-transactions\/","url_meta":{"origin":3215,"position":0},"title":"Who Are the Hackers Targeting Transactions?","author":"Amazing Property","date":"January 26, 2018","format":false,"excerpt":"In FBI surveillance video, a young man of about 18 sits at his computer in his room. His mother, donned in a white bathrobe, approaches with a plate of cookies, sets it on his desk, and walks away as he continues to stare intensely at his computer screen. He\u2019s not\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Hacktivism.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/hacktivism.PNG?fit=640%2C227&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/hacktivism.PNG?fit=640%2C227&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/hacktivism.PNG?fit=640%2C227&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6638,"url":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-cyberfraud-continues-is-it-time-to-return-to-paper\/","url_meta":{"origin":3215,"position":1},"title":"Real Estate Cyberfraud Continues. Is It Time To Return To Paper?","author":"Amazing Property","date":"October 16, 2017","format":false,"excerpt":"Cybercrime continues to thrive in the real estate brokerage environment. By this, I don't mean the kind of electronic skullduggery that results in stolen identity information or hacking into someone's bank account. Rather, I refer to the business of fraudulently inducing a principal -- sometimes even an escrow officer --\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"6210d3182e98624d9342d3bc5c4e0f79 S.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/6210d3182e98624d9342d3bc5c4e0f79_S.jpg?fit=424%2C282&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4064,"url":"https:\/\/amazingproperty.com.ng\/blog\/3-ways-to-generate-more-leads-this-spring\/","url_meta":{"origin":3215,"position":2},"title":"3 Ways to Generate More Leads This Spring","author":"Amazing Property","date":"May 1, 2017","format":false,"excerpt":"More leads more conversions ,\u00a0 More leads more profits. The perfect time to get in front of more leads. Are you on the hunt for more customers? Now that it's spring and people are emerging from winter hibernation, it's the perfect time to get in front of more leads. And\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4865,"url":"https:\/\/amazingproperty.com.ng\/blog\/how-to-keep-hackers-out-of-your-email\/","url_meta":{"origin":3215,"position":3},"title":"How to Keep Hackers Out of Your Email","author":"Amazing Property","date":"June 7, 2017","format":false,"excerpt":"[ad_1] Panelists at the IDFPR Cybersecurity Conference discuss the prevalence of email as a vehicle for cybercrime and business professionals can secure their own email accounts. The FBI reports that email phishing accounts for 95 percent of cybersecurity threats. That\u2019s why client communications are a key component of \u201ccyber hygiene,\u201d\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/jun17_cyber.jpg?fit=600%2C413&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/jun17_cyber.jpg?fit=600%2C413&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/jun17_cyber.jpg?fit=600%2C413&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":64547,"url":"https:\/\/amazingproperty.com.ng\/blog\/how-to-buy-a-house-in-new-york-city\/","url_meta":{"origin":3215,"position":4},"title":"How to Buy a House in New York City","author":"Amazing Property","date":"November 19, 2022","format":false,"excerpt":"A step-by-step guide on how to buy a house in New York City, from researching neighborhoods to negotiating the final purchase. Buying a house in New York City can be an exciting experience, but there are many important factors to consider. You should always hire an experienced real estate agent\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"buy a house in New York City","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/11\/buy-a-house-in-New-York-City.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/11\/buy-a-house-in-New-York-City.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/11\/buy-a-house-in-New-York-City.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/11\/buy-a-house-in-New-York-City.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7674,"url":"https:\/\/amazingproperty.com.ng\/blog\/theres-a-lot-to-consider-when-choosing-a-home-inspector\/","url_meta":{"origin":3215,"position":5},"title":"There's A Lot To Consider When Choosing A Home Inspector","author":"Amazing Property","date":"January 2, 2018","format":false,"excerpt":"Many times, in the course of reviewing transaction files, I have read that an agent has recommended to the buyer that he or she should have the home inspected by a licensed home inspector. While one has to appreciate the earnestness of such advice, it is nonetheless at least a\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"67fd0153ad21673931ff0c0b119bf76f S.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/67fd0153ad21673931ff0c0b119bf76f_S.jpg?fit=424%2C234&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/3215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=3215"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/3215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/3216"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=3215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=3215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=3215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}