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Home » News » How homeowners can stay vigilant of wire fraud

August 29, 2019 By Tony Mastando and Eric Artrip

How homeowners can stay vigilant of wire fraud

Click to see the original article

By Jason Knowles

Monday, August 26, 2019 11:00AM

Before you wire transfer money for your new home, make sure you are not about to click away your life savings.

According to the Federal Bureau of Investigation, wire fraud for homebuyers is on the rise, with roughly $150 million dollars lost last year.

Emails can be fake, so make sure you’re sending money to the right person. Pick up the phone and talk to your banker, your real estate agent and your real estate attorney before wiring money.

Then, double check after you’ve wired it.

If you were a victim of wire fraud, report it to the FBI immediately. If you report within 72 hours, you could get your money back.

To learn more about how to identify wire fraud, visit the Coalition to Stop Real Estate Wire Fraud’s website at stopwirefraud.org.

Filed Under: News

About Tony Mastando and Eric Artrip

Tony Mastando is a partner at Mastando & Artrip. Mr. Mastando received his Juris Doctorate from the University of Michigan Law School and a Bachelor of Science from the University of Florida. He was elected to Phi Beta Kappa and Golden Key National Honor Societies.

Eric Artrip is a partner at Mastando & Artrip. Mr. Artrip represents individuals injured both economically and physically. He has worked on personal injury cases in counties throughout Alabama and Tennessee and class actions in California, New York, Ohio, Illinois, Alabama, North Carolina and Mississippi.

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  • About
    • News
  • Attorneys
    • Eric Artrip
    • Tony Mastando
    • Teri Mastando
  • Practice Areas
    • Personal Injury
      • Car Accidents
      • Nursing Home Litigation
      • Motorcycle Accidents
      • Slip and Fall
      • Truck Accidents
      • Wrongful Death
    • Workplace Litigation
      • Whistleblower Rewards and Protection
      • Employment Law
        • Unfair Compensation & Unpaid Wages
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      • Media Law
      • Government Contracting
    • Complex Litigation
    • Class Action
    • Real Estate
  • Blog
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