Scam Alert 4-14-15

A Broker member of SABOR and MLS provided this notification to SABOR: A scammer created email addresses for the agent, the title rep and the seller involved in a transaction. The hacker/scam artist corresponded with each of these parties and ultimately was able to instruct the title company to redirect seller proceeds to the hacker’s bank account. By the time the real parties were aware this had happened, the money was long gone. The source of the initial breech has not been determined. SABOR wanted to make sure our membership is notified of this as the scam artists are still out and operating.

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