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Wire fraud is what happens when a criminal tricks a victim into sending money electronically to an account the criminal controls.
Real estate closings have become a well-documented target: buyers are moving large sums on tight deadlines, often following email instructions they assume are legitimate.
Dug Popovich, founder and chief executive of Area 52 and a former CIA Operations Officer, joined the Get Real Estate podcast to break down the specific methods criminals use to position themselves inside that transaction.
How criminals get inside a home purchase The attack usually begins long before any wire is sent.
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