WARNING: Electronic Wire Transfer Fraud

Thursday, November 9th, 2017
Brett Murray

“ALWAYS VERIFY wire instructions, specifically the ABA routing number and account number, by calling the party who sent the instructions to you. DO NOT use the phone number provided in the email containing the instructions, use phone numbers you have called before or can otherwise verify. Obtain the number of your Realtor®, Real Estate Broker and your escrow officer as soon as an escrow account is opened. DO NOT send an email to verify as the email address may be incorrect or the email may be intercepted by the fraudster,” Susan Wehrle, Vice President of Select Title Group said.

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