Real estate licensees must understand the wire fraud scams which have pervaded the residential real estate industry for a number of years. This session will:
- Describe the basics of a type residential transaction wire fraud scam along with the various ways cybercriminals can hack into email accounts and otherwise defraud both the real estate professional and his or her clients
- Address several real world cases involving loss of money and litigation brought against brokers and agents for negligence relative to wire fraud of their client
- Discuss all the steps to take in the event funds are stolen by cybercriminals
- Review some of the investigations, arrests and prosecution of cybercriminals for varying fraud scams in the recent years.
Instructor: Ann Johnston of The Settlement Group
CE: 1 hour Real Estate Related (pending)
- Free for PWAR members
- $10 for Non-Members
PWAR members can register online by logging in with their PWAR credentials OR click here to download a registration form.
Lunch sponsored by The Settlement Group.