Hackers walk off with $130,000 real estate down payment of local family.

Hackers walk off with $130,000 real estate down payment of local family. From the San Diego Union-Tribune, "According to the couple, someone used the escrow company’s exact email to ask for the wire. It even included details only someone working on the sale of the home could know. It had all the names of the people involved in the transaction, the escrow officer, the real estate agent,” said Andrew." This is a scam that usually comes from overseas. The hackers are breaking into email accounts of real estate professionals and reading all their emails looking for deals that are about to close. Your emails leave a digital trail of all the people involved in the deal, required deposits, transaction deadlines, etc. They then hack into your client's accounts and they wait for a strategic time to send an email with their own bank account number. Since the buyers are expecting this email - they follow the instructions and have the funds wired to the hackers account and not the escrow company. Sound scary??? It is. When it comes to important wire transfers - Call and Confirm the bank and routing number directly with the escrow person in charge of your transaction. This scam has happened to others in San Diego. Most people keep the news private and only deal with the FBI. This couple is doing a huge community service by going public with this information and making people aware of this crime. #RealEstate #Scam #SanDiego



http://www.cbs8.com/story/39914206/oceanside-couple-caught-up-in-real-estate-scam