CATIC Menu Wire Fraud Breadcrumb Home Work With Us Agents Wire Fraud Did You Know... Wire Fraud Is Costing The Real Estate & Finance Sectors Billions Of Dollars. The reality of losing money because of criminal activity can hit very close to home when it is your clients’ money that is lost or it is your law firm that transfers the funds into the fraudulent account. WIRE FRAUD SCAMS COME IN ALL SHAPES & SIZES. Do You Know How To Recognize Them? Fraudsters pose as a legitimate business and send an e-mail containing a link or an attachment to someone involved in the transaction, such as the attorney, paralegal or real estate agent. Within those e-mails, the fraudster urges the recipient to click on the link in order to retrieve documents that they think are part of their closing. At a critical point, fraudsters know when to send an e-mail with wiring instructions AND call to confirm the receipt of the instructions. If your email has been compromised, the Fraudster can send you bogus wiring instructions via your e-fax number, as people are likely to not expect something fraudulent coming from a fax number or the Fraudster may pose as a lender and send you a fake mortgage payoff instruction by regular fax or by e-fax. THESE SCAMS CAN RESULT IN THE TOTAL LOSS OF FUNDS, CAUSING BOTH REPUTATIONAL & FINANCIAL HARM TO THE FIRM. Ready to learn more? Log in to your Agent Account or become an agent today. We're here to help. Right where you need us With offices throughout the Northeast, Georgia, Florida , Ohio, and South Carolina our local knowledge of the community means we're on the ground and ready to help. Our sister company, CATIC Title Insurance Company, is licensed in New York, New Jersey and Pennsylvania. LEARN MORE Main navigation WORK WITH US Agents Consumers Realtors Lenders WHAT WE OFFER Services Products STATE RESOURCES Connecticut Florida Georgia Maine Massachusetts New Hampshire NY/NJ/PA Ohio Rhode Island South Carolina Vermont Commercial Services ABOUT US Board of Directors Careers CATIC Financial CATIC Foundation Management Press Releases The Initiative Where We Do Business COVID-19 RESOURCES Small Business Resources Footer BECOME AN AGENT (800) 842-2216 Subfooter Menu © 2021 CATIC All Rights Reserved Privacy Policy Security Policy Contact Social Media Menu Facebook LinkedIn