3,164,119
Oh there are warnings on my email, the attorney emails, the loan officer emails.
-
Susie Kay
Plano, TX
-
Don Baker
Eatonton, GA
-
Jerrill Ewing
Eatonton, GA
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Carol Williams
Wenatchee, WA
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
5,229,328
Been using this for years:
"***DUE TO RECENT CYBER/WIRE FRAUD IN OUR INDUSTRY, PLEASE CALL OR HAVE YOUR BANKER CALL THE CLOSING ATTORNEY’S OFFICE TO CONFIRM THEIR WIRING INSTRUCTIONS, BEFORE INITIATING A WIRE. ALWAYS, ALWAYS, ALWAYS DO THIS, WHETHER YOU RECEIVE AN EMAIL THAT YOU BELIEVE TO BE FROM ME, MY TEAM, THE LENDER OR THE ATTORNEY."
-
Debe Maxwell, CRS
Charlotte, NC
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Ernie Steele
Lebanon, PA
-
Jeff Pearl
Lovettsville, VA
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Fred Griffin Florida R...
Tallahassee, FL
2,061,392
My signature line in my emails reads as follows:
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Michael Jacobs
Pasadena, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Carol Williams
Wenatchee, WA
-
Eva B. Liland Century ...
Lancaster, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Dario Ferreira
Attleboro, MA
-
Jeff Pearl
Lovettsville, VA
5,104,931
Yes... and I don't personally provide any wiring instructions as a go-between.
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
3,125,265
Yes, we have a form for that and I also advise clients very closely to avoid that very scenario.
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Carol Williams
Wenatchee, WA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
6,392,899
They are warned over and over again to always verify anything like this by picking up the phone and calling me or the title company.
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Carol Williams
Wenatchee, WA
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
3,344,906
WOW - Warnings are everywhere. Odd that someone in that position in life did not have a process or procedure in place to verify.
-
Bruce Walter
West Lafayette, IN
-
Debe Maxwell, CRS
Charlotte, NC
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Bob "RealMan" Timm
Minot, ND
2,684,009
I introduce my Buyers to the Title Closer when the contract and earnest money are given to the Title Attorney. Said Title Closer gives the Buyer wiring instructions and appropriate warnings. Buyer is told to telephone said Title Closer before making any wire transactions.
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
2,160,948
Yes, absolutely and that goes for buyers even more. Florida Realtors developed a form a couple of years ago and I use it with every transaction and every party.
-
Bruce Walter
West Lafayette, IN
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
1,502,868
California has a form buyers have to sign. Most escrow officers have a warning in their signature as well as a very instructive email to the buyers and the agents.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Ernie Steele
Lebanon, PA
-
Jeff Pearl
Lovettsville, VA
-
Bob "RealMan" Timm
Minot, ND
-
Carol Williams
Wenatchee, WA
-
Fred Griffin Florida R...
Tallahassee, FL
231,948
I instruct in person, all of my sellers and buyers by having them sign a wire fraud form, NEVER to wire anything unless they call me or their escrow company to verify. The threath is real folks.
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Ernie Steele
Lebanon, PA
-
Jeff Pearl
Lovettsville, VA
-
Bob "RealMan" Timm
Minot, ND
-
Carol Williams
Wenatchee, WA
-
Fred Griffin Florida R...
Tallahassee, FL
1,844,171
What the 'know it all' did see that coming? Sorry, but I find it humorous as that scam has been around the world twice or more.
I do not warn the buyers but the attorneys do here in IL. There is lots of that going around.
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
2,390,016
I did as a Realtor and I do that now as a loan signing agent/Notary Public today as well Jeff Pearl
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
613,494
Exactly why I do not have an assistant and scrutinize my own bills...
Eve
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Fred Griffin Florida R...
Tallahassee, FL
-
Bob "RealMan" Timm
Minot, ND
921,504
No.
I advise them to call ME if anyone asks them to do ANYTHING.
Then I add to that, "Hey, if you are thinking of doing anything, you should ask me."
Today there is NO SURE CONDUIT of communication to accomplish anything. The real game is to make sure someone else inherits to expense of one's mistakes.
Bank credit cards and 3rd party return policies are the best conduit to passing on the costs.
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
5,772,575
Jeff,
We are very, very cautious and verify as does our bank. When we have done it, our bank verifies that the receiver of funds is legit. It has gotten to the point, when we opened an account with a partner in another state same brand name of bank, that real signatures were fed-exed to both branches.
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Bob "RealMan" Timm
Minot, ND
2,781,013
Fool me once shame on you...twice? Shame on me....Anyone who gets taken knows better and if they don't...they will
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
809,829
We have a form for that and I clearly explain that on the initial face to face and again when signing an offer.
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
3,587,835
Absolutely and there is wire fraud notice as well that I always present. Title companies have been great about getting this word out over and over.
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
509,449
Yes, I always do.
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
417,071
Next steps, kiss the money goodbye.
I get fake emails every day. Look at the sender's address BEFORE you open it. Call them if something feels off.
No borrower should wire funds without a couple double check calls
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
900,108
Reportedly there was one misspelled word; that's always a red flag. Any fund transfers should always be super checked.
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
5,112,408
Jeff Pearl absolutely. These days there are scams for everything. For example this morning I received an e-mail from Chase saying fraudulent activity was detected on my credit card account and to click on a link to verify the activity. I called the bank and it was as I suspected a scam. Anytime I receive an e-mail referring to funds, I would always verify directly with the source before doing anything.
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
4,571,881
I heard about that. It seems there is evidence of some phishing of sorts in the Shark Tank.
-
Ernie Steele
Lebanon, PA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
1,052,056
Oof. She shoulda had an astrologer on her payroll to tell her Mercury is retrograde and conjunct Neptune and HER Sun. Double check EVERYTHING and trust NO ONE!
(yes I'm serious)
Also seriously . . . you'd think such a wealthy organization would have the need for more oversight.
Her assistant just routinely paid a 388k bill? No one checked on this or second set of eyeballs on it?
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
374,987
My closers typically give the wire instructions to the borrowers. When borrowers involve me, I warn, warn, warn them to verify the instructions with title.
I have seen a HUGE increase in emails just this week that mention needing to verify my information in order to process a refund (and they list a dollar amount and sometimes a store/bank name). I ALWAYS check the email addresses that it came from. Scammers are pretty clever.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Jeff Pearl
Lovettsville, VA
-
Bob "RealMan" Timm
Minot, ND
3,416,038
I saw that and YES, i tell them, i remind them and both the loan officer and closer tells them.
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
7,835,293
This is a good reminder for all to be alert.
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
-
Michael Jacobs
Pasadena, CA
1,239,801
That is most unfortunate. These docu sign approvals may have limited liability.....
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
620,692
My office has a REQUIRED form for buyers and sellers to sign acknowledging we have informed them not to wire funds without contacting us first.
-
Bob "RealMan" Timm
Minot, ND
-
Jeff Pearl
Lovettsville, VA
-
Michael Jacobs
Pasadena, CA
5,216,295
Everyone has to triple verify today!
-
Ernie Steele
Lebanon, PA
-
Jeff Pearl
Lovettsville, VA
1,543,235
We politely-demand our clients call the escrow office 5 minutes before they push send at the bank and verify voice to voice the account number. Oh hell yes we do! Wire Fraud is too common.
-
Jeff Pearl
Lovettsville, VA
-
Thomas J. Nelson, REAL...
La Jolla, CA
1,311,072
So...if I send her a bill, she will wire $$$$ to me.
Hmmmm...
-
Jeff Pearl
Lovettsville, VA
763,783
It is important and I have not stressed it enough. Escrow usually is informative and educates our clients but I must get more aggressive with this.