News

Attention Agents:  As if the “vacant land” frauds are not enough, the Scamming Community has... Continue reading→

Seller Impersonation Fraud happens when a specific person or group is impersonating property owners to illegally sell commercial or residential property. Sophisticated fraudsters are using the real property owner’s Social Security and driver’s license numbers in the transaction, as well as legitimate notary credentials, which may be applied without the notary’s knowledge. Continue reading→

Real estate transactions have been a prime target of cybercrime over the past decade, and there is little sign of change in this focus on vacant property scams, even as the housing market slows. Instead, fraudsters continue to evolve their scam and money laundering tactics to avoid detection. The latest trend involves vacant lots or unencumbered properties. Continue reading→

Subsequent to the issuance of Bulletin No. 174, the issues of fraud rising in sales of vacant or unimproved land, have dramatically increased. As a result, additional steps must be taken to protect you, as our Agent, the Company, and our Insureds. In the last few weeks, we have seen no less than five (5) attempted fraudulent transactions involving the sale of vacant/unimproved land. Continue reading→

When one or more wire fraud incidents occur time is of the essence, every second and minute counts. Organize your team and make a plan in advance so if this scenario happens you and your team will be prepared. Be ready to act simultaneously and accomplish all of these steps that are listed below as quickly as possible. Continue reading→