According to Forbes magazine, wire fraud in real estate is one of the fastest growing cybercrimes in the United States. Reportedly, the FBI received 301,580 complaints in 2017 and losses exceeded $1.4 billion. Based on the report, more than 9,600 victims of wire fraud lost over $56 million in the real estate/rental sector alone.
Category
real estate wire fraud
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NAHB Announcements
- State-Level Employment Situation: October 2024by Danushka Nanayakkara-Skillington on November 19, 2024
Clouded by hurricanes in the southeast part of the country and strike […]
- Gains for Townhouse Constructionby Robert Dietz on November 19, 2024
Year-over-year gains for townhouse construction continued during the third […]
- Higher Mortgage Interest Rates Slow Housing Production in Octoberby Robert Dietz on November 19, 2024
Housing starts edged lower last month as average monthly mortgage rates […]
PBA Announcements
- Pennsylvania Election Resultsby Rick Cochran on November 18, 2024
The “Red Wave” was strong nationally, as well as Pennsylvania row […]
- Meet Chris Warren, PBA Endorsed Trade Program Directorby Rick Cochran on November 1, 2024
This Fall, PBA announced that Chris Warren was named the new Director of […]
- 2024 Fall PBA Board of Directors Meetingby Rick Cochran on October 29, 2024
The PBA Board of Directors met for the final meeting of 2024 on October 18 […]