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Wire Fraud in Real Estate: What Buyers and Sellers Must Know to Protect Their Funds

Wire Fraud in Real Estate: What Buyers and Sellers Must Know to Protect Their Funds Wire fraud is one of the fastest-growing threats in real estate transactions. Because buyers and sellers often transfer large sums of money during escrow, criminals specifically target real estate deals using sophisticated email scams and impersonation tactics. In many cases, fraud occurs just days — or even hours — before closing. Understanding how wire fraud works, how escrow companies safeguard funds, and how to verify