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.
