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Wire Transfer Scams: What Happened To The Closing Proceeds?!
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Closing day for a home purchase, a real estate transaction or
the purchase of a business is always an exciting day.
Unfortunately, internet thieves are targeting financial
institutions, professionals and individuals participating in
financial transactions seeking to steal wire transfers used to fund
the deals. According to the FBI, between October 2013 and May 2016,
thieves diverted or attempted to divert wire transactions valued in
excess of $3 Billion.
Read More >
Originally published by the Nevada Bankers Association,
May 2018
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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