Don't Be a Victim of Wire Fraud! 07-27-17

Wire fraud has become so sophisticated it is now a two billion dollar industry. In this video, Dawn explains how perpetrators are intercepting emails, the steps they are taking to commit wire fraud and what you should beware of.

Melinda Knecht
about 2 years agoJuly 27, 2017
Thanks you for this valuable information, Dawn.  One of my seller's was almost a victim of wire fraud last year.  The staff at Allegiance Title were on their toes and a catastrophe was avoided.  I'm always grateful for the profession help that Allegiance has provided.
Beth Stavinoha-Corporate Communications Director
about 2 years agoJuly 28, 2017
Thank you so much Melinda.  We appreciate your comment and you choosing Allegiance!
Anonymous
about 2 years agoJuly 27, 2017
so how does one send an "encrypted" email to a client?
Beth Stavinoha-Corporate Communications Director
about 2 years agoJuly 28, 2017
There are a variety of companies that offer email encryption software programs.  If you are sending from your company provided email, check with your IT department to see if there is an encryption feature built into your email service that you could utilize.
Dave Folsom EXP Realty
about 2 years agoJuly 27, 2017
05:00:00
Good info again Dawn! Along with a caution to our buyers and sellers to never wire funds per email instructions would hopefully prevent the scammers from getting the funds.
Beth Stavinoha-Corporate Communications Director
about 2 years agoJuly 28, 2017
Thank you Dave for watching the videos and for your comment.
Leanne McKinley
about 2 years agoJuly 28, 2017
Just so I understand is it correct that when I open your encrypted email message, I can forward it on to my client and it will remain encrypted?   Or do I need to have my own encryption software program to securely forward your email?
Beth Stavinoha-Corporate Communications Director
about 2 years agoJuly 28, 2017
Leanne, you must encrypt the email yourself.  When the title company sends you the CD through encrypted email it is protected from being intercepted in the cloud.  However, if you open the encrypted email and then forward that email to your customer without encryption, then it is no longer protected.
Mandy Brock Coldwell Banker
about 2 years agoAugust 1, 2017
Thanks Dawn! I will always have my clients verify with our escrow agents in Frisco!
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