Mortgage wire fraud: Don’t send your down payment without first taking this simple step ...Saudi Arabia

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Tim Myers was about to close on a home in Fort Wayne, Indiana, when the email he’d been expecting popped into his inbox. His mortgage loan officer sent wire instructions for his down payment, along with a request to send the money in the next few hours. Myers and his wife went to their Flagstar branch and wired $34,000 to a Bank of America account. Everything seemed fine — until the next day, when the title company handling the closing sent instructions for wiring the down payment through a secure portal. Myers called the company to say he had already sent the money. Then came the awful news: He’d been scammed.

Hence then, the article about mortgage wire fraud don t send your down payment without first taking this simple step was published today ( Tuesday 03/09/2024 - 06:01 PM ) and is available on GreeleyTribune ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 03 September 2024 clock 06:01 PM

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Mortgage wire fraud: Don’t send your down payment without first taking this simple step ...Saudi Arabia

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