Fighting Wire Fraud Starts Here We take the fight against wire fraud very seriously here at Landmark Abstract. Here, we are fighting wire fraud with Closinglock. Closinglock is a company that provides a safe solution in this ongoing battle. It provides all parties involved a secure way to protect against wire fraud. Key Points In This Post Firstly, here are the key takeaways you’ll get
Introduction This important case study has some excellent tip on preventing real estate wire fraud. Also, we here at Landmark Abstract take action to protect all parties involved in a real estate transaction. Firstly, the Federal Bureau of Investigation estimates criminals attempted to divert more than $90 billion in wire fraud transfers between June 2016 and December 2018. These “trick and transfer” scams are at
Realtors, Title Companies, Lenders Who is responsible for wire fraud? This is a warning to realtors, title company and lenders. You could be on the hook for wire fraud. A white paper released by identity management company CertifID, analyzed a recent court ruling that increased the standard of care owed by transaction participants to prevent wire fraud losses. The Court Case: Bain v. Platinum Realty
Dangers of Telephone Spoofing The dangers of telephone spoofing are real! You’ve read the warnings: “Don’t wire funds in response to an email without using call-back procedures!” In other words, call the party who appears to have sent the email at a known, safe phone number and confirm that they actually sent the email. Well, what happens if you receive a phone call from your
Developing a Hack Proof Password With all the publicity about cyber fraud, many people are rethinking their online security and trying to develop a hacker-proof password. But is there really such a thing as “hacker-proof”? At the very least, you can lengthen the odds that anyone would get access to your email, your bank account, your credit card information and your online business accounts. Here’s