Every day hackers try to steal money and phish for information by emailing fake wire or closing instructions. Criminals will use a similar looking (but fake) email address and steal a logo and other info to make it look like the email came from a legitimate source. Recently ACAR agents have received emails that appear surprisingly legitimate.
Protect yourself by following these steps:
Call, don’t click: Verify all instructions before initiating a transferor clicking on links to “confirm” closings. Call the title company using an independently obtained and known phone number.
Don’t use phone numbers or links from an email. Be aware: It’s extremely rare that wiring instructions will change at the last minute, or that this information will be provided by email.#ACARNews