Wiring Instructions – Fraud Is On The Rise Again

PROTECT YOU AND YOUR CLIENT: WIRE FRAUD IS ON THE RISE
Tips to help protect yourself as well as the clients you value:
If you receive an email purportedly from a title agency/escrow officer requesting wiring instructions or with wiring instructions attached and you did not solicit these instructions from the title agency/escrow officer directly, call for verification.  Title agencies/escrow officer are not responsible for any monies wired to an incorrect bank account from an email which was not directly sent by the title agency/escrow officer.
Email hacking and fraud are on the rise to fraudulently misdirect funds for funding purposes. Call your title agency/escrow officer immediately using contact information found from an independent source, such as the sales contract or internet, to verify any funding instructions received.
NOW YOU KNOW AND ARE ARMED WITH INFORMATION TO PROTECT
YOU AND YOUR CLIENTS
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Mortgagee Title Services, Inc.
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