{"id":170,"date":"2019-07-11T05:14:38","date_gmt":"2019-07-11T05:14:38","guid":{"rendered":"https:\/\/localwebdesigncompany.com\/lonestartitle\/?p=6163"},"modified":"2019-07-11T05:14:38","modified_gmt":"2019-07-11T05:14:38","slug":"the-anatomy-of-a-real-estate-wire-fraud-email","status":"publish","type":"post","link":"https:\/\/cloud.titletapsites.com\/lonestartitle\/2019\/07\/11\/the-anatomy-of-a-real-estate-wire-fraud-email\/","title":{"rendered":"The Anatomy of a Real Estate Wire Fraud Email"},"content":{"rendered":"
Just the other day I received what appeared to be a fraudulent real estate closing email \u2013 complete with wire instructions and all!<\/div>\n
Because this is not all that uncommon, I immediately recognized it as a wire fraud phishing attempt.<\/div>\n
<\/div>\n
However, as I re-read the email, I began to think about all of the people I know who might mistake this as a legitimate email; especially if they are currently in the process of buying or selling a home or are active real estate agents.<\/div>\n
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This realization was\u00a0disheartening, to say the least\u2026<\/div>\n
Below you\u2019ll find the both the\u00a0red\u00a0and\u00a0green flags\u00a0that I found while analyzing the email, and best ways to train your team, staff, partners, buyers and sellers so they don\u2019t become a victim.<\/div>\n
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Green Flags<\/strong><\/div>\n
At first blush the email appears it could be legitimate. This is especially the case if you deal with similar emails day in and day out for your real estate business, mortgage company, law firm, or if you are in the process of buying to selling real estate.<\/div>\n
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Industry Lingo<\/em><\/div>\n
Here are some common industry terms that the sender used that made the email appear legitimate.<\/div>\n