In this episode, Carey Ann, Monte and Jason talk with Chris Corriveau, Owner of Midtown Title about the growing threat of wire fraud occurring in real estate transactions in and around Middle Tennessee.
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A few things that came up:
-Wire Fraudsters are sophisticated criminals
-Digital transactions have ramped up
-IRS will NOT send via anything other than fax or mail for this reason
-Avoid free wifi with sensitive information
-Free email can be problematic
-Even hotel wifi is risky
-Keystroke bots
-The Dark Web
-Educating
-Average ransomware is $700
-Average closing scam is $130,000
-It's painful to have to tell someone they just lost their money
-Fraudsters want the money out of the country so it takes time
-You cannot redact information for a lender, send it secured
-Double down on Wire Fraud stories
-"We'll just bring a check", still challenging
Follow/contact Chris:
615-921-8684
midtowntitletn.com
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Carey Ann Cyr manages and operates one of the Top Branches for CMG Financial in Franklin, TN. She and her team have become known for closing nearly impossible deals! They have processed over 300 million in mortgages since 2016 with over 613 families ushered into their dream homes!
Contact Carey Ann:
www.yourtnlendingsolution.com
Monte Mohr owns Realty One Group Music City and has sold over $1 Billion dollar's worth of real estate and over 3000 homes sold over his 30+ year career!
Interested in joining Monte as an agent?
www.topagentsuccess.com
The Talk of Music City Real Estate is Produced, Voiced and Edited by www.jimmccarthyvoiceovers.com
Interested in joining Monte as an agent?
www.topagentsuccess.com
The Talk of Music City Real Estate is Produced, Voiced and Edited by www.jimmccarthyvoiceovers.com