Prevent Wire Fraud
Protect Your Real Estate Transaction
Stay Vigilant, Stay Safe
Phishing Emails & Phone Calls
Be aware fraudsters impersonate real estate agents, title companies, or other parties involved in the transaction.
Secure Document & WiFi Platforms
Use secure email and document-sharing platforms that encrypt the data. and avoid unsecured WiFi networks.
Verify Wire Instructions by Phone
Verify by phone call to the title and escrow company you’re working with using a verified phone number before wiring.
Statistical Information
Quick Takeaways
- $6.9 Billion Victim losses in 2021
- 2,300+ Average complaints received daily
- 552,000+ Average complaints received per year (last 5 years)
Real estate wire fraud continues to be one of the most prevalent cybercrimes in the U.S. About 13,638 people were victims of wire fraud in the real estate and rental sector in 2020 (a 17% increase over 2019) with losses of more than $213 million ), according to FBI data.
