News – Originally posted on News Channel 12 – http://newjersey.news12.com/news/consumer-alert-real-estate-closing-scam-1.11721668
Scammers are hacking into into a real estate company’s computers to learn about upcoming home closings, and then trying to steal money from buyers. (4/22/16)
EDISON – Consumer experts are warning people about a real estate scam that could cost a homeowner thousands of dollars.
According to the Federal Trade Commission, a new scam that is making the rounds involves hackers breaking into a real estate company’s computers to learn about upcoming home closings. The scammers then email the buyers and tell them that there was a change in plans and the buyers need to wire money to the scammer’s bank account.
If the scam is successful, a home buyer could be out a lot of money.
