Check out the group’s website (the aptly named www.stopwirefraud.org) for resources you can pass on during these conversations. Tell people if they ever become suspicious of something during the process, they should always verify information with a trusted party using a known phone number before sending their hard-earned money.
New group wants to help you educate your customers about dangers of wire fraud
The new Coalition to Stop Real Estate Wire Transfer Fraud is an effort backed by the American Land Title Association and others to spread awareness about the prevalence of wire fraud. Fortune Title has talked about this issue a lot, and we encourage you to continue the discussions on this topic with your customers during every transaction.
If you ever need more advice on how to talk to your local buyers and sellers about wire fraud, reach out to Fortune Title today. Together, we can protect our customers’ money from these criminals.