Updated almost 6 years ago on . Most recent reply
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- Real Estate Consultant
- Summerlin, NV
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WIRE FRAUD CAR FORMS ARE NOW OUT>
#1 All Forums Contributor
- Real Estate Consultant
- Summerlin, NV
AS we all know its rampant...
I was just signing a sale contract on a CA flip we sold and there is now a CAR form that buyer and seller sign that delineates the risk and how to protect yourself against wire fraud.
talking to an escrow officer yesterday one of her clients lost 83k this week.
Careful out there folks.. double and triple check all wires.. do not rely on e mail.. Any one changes their wire coordinates that's a cause to get on the phone and double check.
We got hacked and stopped one potential one its was a small one 15k but still.. don't want to lose any money.. we are uber careful on this ..
- Jay Hinrichs
- Podcast Guest on Show #222
Most Popular Reply
@Jay Hinrichs @Mindy Jensen @Michael Lim @Joseph M.@Joel Owens
Wire fraud is becoming rampant, so within C.A.R., we worked alongside authorities to develop the Wire Fraud Advisory. It is not a disclosure, but it is a highly recommended advisory to include in all purchase contracts.
If anyone you know becomes affected by wire fraud, you can contact me immediately, I have a direct number to one of the lead agents of the FBI's Los Angeles Cyber Division that I can connect you to thanks to my work with him within C.A.R.
Time is of the absolute essence in these situations, every single hour is crucial.
The other action to take is to immediately file a complaint with ic3.gov. The FBI monitors this site constantly, and alongside the phone call we'll make, we can get attention to your situation even faster.