TLDR
Attackers compromise the title company or buyer/agent email, then send buyer an email on closing day with 'updated wiring instructions' to a fraudulent bank account. FBI IC3 + USSS report real estate wire fraud losses of $446M in 2023...
How it works
Attackers compromise the title company or buyer/agent email, then send buyer an email on closing day with 'updated wiring instructions' to a fraudulent bank account. FBI IC3 + USSS report real estate wire fraud losses of $446M in 2023...
Red flags
- Urgent pressure to click, pay, or share codes immediately.
- A link or sender that does not match the official organization.
- Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What to do
- 1FBI IC3 + USSS report real estate wire fraud losses of $446M in 2023 2024.
Source
US-Secret-Service
Source reviewed by Mythos Forensic Team
https://www.secretservice.gov/investigations/investmentfraud-pigbutcheringFAQ
Is Real estate wire fraud — closing day funds diversion a real scam pattern?
Yes. Treat the message, call, or payment request as suspicious until you verify it through an official channel.
What are the first warning signs?
Urgent pressure to click, pay, or share codes immediately.; A link or sender that does not match the official organization.; Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What should I do first?
FBI IC3 + USSS report real estate wire fraud losses of $446M in 2023 2024.
Can LegalAudit check my case?
Yes. Start a free chat and paste the message, link, sender, or payment details for triage.