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
- Positive Momentum in Demand, Lending Conditions: Q1 2024 SLOOSby Eric Lynch on May 7, 2024
According to the Federal Reserve Board’s April 2024 Senior Loan Officer […]
- Residential Building Wages Continued to Riseby Jing Fu on May 6, 2024
In March, residential building workers’ wages continued to grow but at a […]
- Home Buyers’ Ideal Communityby Rose Quint on May 6, 2024
NAHB’s latest study on consumer preferences—What Home Buyers Really […]
PBA Announcements
- Be Prepared for the NAHB Spring Meetingsby Rick Cochran on May 1, 2024
Going to DC for the NAHB Spring Meetings? Register today! PBA members will […]
- Summer Regional Meetings Setby Rick Cochran on April 18, 2024
Dates and locations have been set for the upcoming Summer Regional […]
- Summer 2024 Meeting Room Block Openby Rick Cochran on April 11, 2024
PBA members may now reserve their hotel rooms for the 2024 Summer […]