A wire fraud scheme is out to scam new home buyers out of thousands of dollars of cash right before closing. This new scheme hacks the buyer's email account and
redirects the wire of their down payment to a scammers account (usually offshore).
The problem is these payments are typically not insured or reimbursed
by the bank and overseas wires are very difficult to track and recover. These computer hackers target real estate professionals' (realtors, attorneys, escrow compa