Industry news

FBI Says BEC Scams Targeting Real Estate Increasing

In a June 9 Public Service Announcement, the FBI reported that business email scams (BEC) targeting the real estate sector are once again on the rise.
 
From 2020 to 2022, there was a 27% increase in victim reports to the FBI’s Internet Crimes Complaint Center (IC3) of BECs scams connected to real estate. During the same period, the FBI reported a 72% increase in victim loss due to BECs involving real estate.
 
Read more about how FSTE is fighting fraud.

Related Posts

Tips for Agents to Gain Client Trust

By Breakthrough Broker Staff Writers Fulfilling your clients’ needs and expectations as well as gaining their trust are the types of transactions you should be striving for, especially in a

Read More