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Ways to stop seller impersonation fraud in its tracks
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Cybersecurity, Industry News, The Blotter
Monday, September 18, 2023
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One of the fastest-growing real estate cyber fraud schemes in 2023 is seller impersonation fraud, where someone finds a vacant or non-owner-occupied property and attempts to impersonate the property owner and sell the property. Using public records, business email compromise and good old-fashioned persistence, these fraudsters try to trick the Realtor, title company and buyer into thinking they are the real owner of the property and can sell the property, all before the real owner gets wind that their property is being sold.
You can be part of stopping this crime in its tracks.
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