Buying Or Selling A Home? Beware Of Emails Claiming To Be From Your Realtor: Learn About Phishing Scams
Commentary and Checklist
A new phishing scam targets home buyers and tries to fleece them out of their down payment and closing costs.
In the scam, cybercriminals pose as the victim's real estate agent. They have previously obtained the victim's closing date, and they send an email claiming that there is a last-minute change in the closing details. They tell the victim to wire money for the down payment and closing costs to a different account.
The best way to spot this scam is by paying attention to the assertion that there is a "last minute change" and the request for wired funds. Katie Pelton "Voice of the consumer: Phishing scam targets new home buyers," gazette.com (Aug. 13, 2017).
- Unauthorized charges appear on credit or bank accounts.
- Being denied a line of credit for a poor credit rating, despite a history of good credit
- Failing to receive credit card or bank statements in the mail as expected
- Being contacted by creditors about money owed for items you or your employer did not purchase
- Failing to receive new or renewed credit cards in the mail
- Merchants refuse to honor checks.
- Medical providers bill you for services you did not receive.
- A health plan rejects a claim because you have reached your spending limit.
- The IRS notifies you that more than one tax return or refund request was filed in your or your employer's name.
- An organization you do business with, or have an account with, notifies you that a data breach compromised your, or your employer's, information.
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