Beware Of Wire Fraud and Financial Fraud Email Scams

by | business cash flow management

ID Fraud

Wire fraud and financial fraud are two of the fastest growing crime types out there.

Follow this key step when communicating with financial institutions, title companies, attorneys and their agents – confirm all wiring instructions and any other details related to the transaction and the movement of money by not just email but a phone call too. Particularly if you receive an email appearing legit and suggesting any sort of change in procedure or instructions.

Even savvy business people can be duped. The news broke this week that New York real estate mogul and Shark Tank star Barbara Corcoran was taken for almost $400,000

You can read about it here:

And be aware of scams to get your credentials and steal titles to property and bank or investment accounts though emails asking for your signature on DOCUSIGN Documents and more.

You can read about it here:

Diligently monitor your personal and business bank accounts, credit card accounts and keep details about your owned real estate property secure.

Stay safe.