Join  |  Login  |   Cart    

Notary Rotary
Just PoliticsLeisure
Welcome to the Notary Talk General Discussion Forum. Before posting, please read the

You are replying to this message:
 Wire scam close to home
Posted by Luckydog on 3/12/19 4:24pm

Recently one of my closings had a wire scam and got extremely lucky they caught it in the nick of time. The mom a realtor, the son buying a house as first time home buyer. The wire instructions came from title's email however, the email was intercepted and hacked. Mom wired close to $20,000 and when thought something seemed off with a name she never heard of before, made the calls to verify (after the fact). 4 entities got involved, and managed to lock it down in process and freeze the account in the nick of time in the 4th stage she told me before being finalized and out of the country. The money was reversed, so had to wait about 4 days to try and close again, un freeze the account, all sort of things needed to be done.
She was extremely lucky....the reason I was aware is when presenting wire instructions, I always tell them to call and verify as well, did they receive them doc-u-sign? She gave me a funny look, and when I showed up, the first thing she did was verify that with her information, and then was wiring this time AFTER the closing. Very common in FL, and even people in the profession do not understand how widespread this is.
Important Notice

At this time, you must be signed-in to Post a Message to the Notary Talk Discussion Forum.

In order to sign-in, you must have a Notary Rotary™ membership. Basic Membership is free. Basic Members should update their profiles at least every 6 months to prevent them from being deleted.

If you do not already have a membership, click the Join link above. After creating your profile, you should log in and update it from the My Profile page. If you do not want your information displayed to others (e.g. advertised under Find a Notary), you can hide it by checking the "Hide profile from searches" box.

If you already have a profile, click the Login link above to sign-on. If you have forgotten your password, follow the directions on the login page.

Find a Notary   Notary Supplies   Terms   Privacy Statement   Help/FAQ   About   Contact Us   Archive  
Notary Rotary™ is a trademark of Notary Rotary. Copyright © 2002-2019, Notary Rotary, Inc.  All rights reserved.
500 New York Ave, Des Moines, IA 50313.