Buyers & Sellers

Wire transfer fraud (wtf)

Avoid a wtf moment

wtf articles

How to Avoid a WTF Moment

Know What to Look For

Criminals will use a similar email address, steal a logo, and other information to make it look like the email came from your real estate agent or Pioneer Title Agency. This can be incredibly deceiving. Please note that the wire instructions included in your opening package will remain unchanged. If the instructions or payment were to change, we would not communicate this via email.

Confirm, Confirm, and Confirm Again

Confirm your wiring instructions by phone using a known number before transferring funds. Don’t use phone numbers or links from an email. Ask your bank to confirm the account number before sending a wire. Then, within four to eight hours, call Pioneer Title Agency to confirm they received your money.

WTF! You’ve been targeted! Immediately call your bank and ask them to issue a recall notice for your wire. Report the crime to www.IC3.gov. Contact your local FBI or police department. Detecting that you sent money to the wrong account within 24 hours is the best chance of recovering it.

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