Wire Fraud Situation: Seller is the Victim

Interesting twist on a Wire Fraud situation… this time the seller’s money does not reach the intended location after the closing is complete due to a cyber breach at the real estate agency or title company. This is a little different than normal because most of the situations we’ve seen are where the buyers money is stolen leading up to closing. This time the closing went off without incident but the bad actors tricked the title company into wiring the proceeds of the sale to the wrong sellers bank account.