Fighting Wire Fraud
Every day, hackers try to steal money by emailing fake wire instructions. Criminals will use a similar email address and steal a logo and other information to make it look like the email came from your Real Estate Agent or Title Company. You can protect yourself and your money by following these steps:
CALL, DON’T EMAIL. Confirm your wiring instructions by phone using a known number before transferring funds. Don’t use phone numbers or links from an email.
BE SUSPICIOUS. After initial wire instructions have been sent, it’s uncommon for title companies to change these instructions. At Flying S, our wire instructions will not change.
Protect Your Money
CONFIRM EVERYTHING. Ask your bank to confirm the name on the account before sending a wire.
VERIFY IMMEDIATELY. Within four to eight hours, call Flying S Title & Escrow or your Real Estate Agent to confirm they received your money.
What to Do If You’ve Been Targeted
IMMEDIATELY call your bank and ask them to issue a recall notice for your wire.
REPORT the crime to www.IC3.gov.
CALL your regional FBI office and police.
DETECTING that you sent money to the wrong account within 24 hours is the best chance of recovering your money.