House down payment wire instructions fraud scams cost victims tens of thousands of dollars as they prepare to buy their first home.
CHICAGO -- Imagine saving for years for a new home and then having your down payment disappear in the blink of an eye.
But that same day, Carlson got an email from who she thought was the same paralegal. That note said the money needed to be wired sooner than expected. She said the email included the correct down payment amount, address of the new home and her mortgage commitment document. "And then Monday, I got a call on my way home from work from the real estate attorney's paralegal asking me about the down payment of the home. And I told her I sent it because the email she sent, and she said what email, I didn't send any email," Carlson said.
In many cases, a scammer will use information they've hacked to trick you into thinking they're a title company or real estate agency. They email address they use may be similar to the one you've been communicating with for weeks. They send wire instructions with your personal information, then you wire the money and then the next day the person you thought you sent it to never receives it.
"It was supposed to be a happy time, and it was just clouded. Clouded by this crime that was committed against me," she said.
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