Forgot Password? | Print Page | Sign In | Create User Profile
News & Press: Industry News

FBI Warns of Surge in Wire Transfer Fraud via Emails

Tuesday, May 16, 2017  
Share |

The FBI’s Internet Crime Complaint Center reported that fraudsters sought to steal $5.3 billion using compromised business emails from October 2013 through December. The CLTA previously issued a Fraud Alert concerning bogus emails to redirect escrow funds. The number of wire fraud scams reported by title companies to the Internet Crime Complaint Center spiked 480 percent in 2016, according to the FBI.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
Email:  |  Phone: 916-444-2647  |   Fax: 916-444-2851