Page 6 - Arizona Top Requested Flyers

According to the FBI, in 2021 victims
of email account compromise reported The Internet Crime Complaint
losses of $2.396 BILLION. Center (IC3) receives, on average,

2,300 COMPLAINTS PER DAY.
– FBI (2021)

HOW TO FRAUDULENT WIRING instructions

PROTECT YOURSELF are being sent to real estate agents, title
companies and customers.

BE WARY of free, web-based email accounts; they are
easily hacked.
ALWAYS VERIFY changes in payment instructions IF YOU THINK
and confirm requests for transfer of funds. YOU MIGHT BE
CAREFULLY EVALUATE any requests for secrecy or
pressure to take action quickly. A VICTIM:

CALL, DON’T EMAIL: Confirm all wiring instructions by
phone before transferring funds. Use the phone number 1
from the title company’s website or a business card.
BE SUSPICIOUS: It’s not common for title companies to Using a previously known
change wiring instructions and payment info. phone number, call the
CONFIRM IT ALL: Ask your bank to confirm not just the supposed sender of the
account number but also the name on the account before email to authenticate the
sending a wire. change request - don’t call
VERIFY IMMEDIATELY: You should call the title company the number on the email.
or real estate agent to validate that the funds were received.
Detecting that you sent the money to the wrong account
within 24 hours gives you the best chance of recovering 2
your money.
FORWARD, DON’T REPLY: When responding to an email,
hit forward instead of reply and then start typing in the If you suspect fraud,
person’s email address. Criminals use email addresses immediately notify the
that are very similar to business email addresses used by financial institutions and
legitimate companies. By typing out an email address, you escrow agent involved in
make it easier to discover whether a fraudster is after you.
the transaction.

3

Contact your local law
enforcement authorities,
and file a complaint with
the FBI’s Internet Crime
Complaint Center.

03/2022 | © 2022 Old Republic Title | OR1742-DI-AZ | Old Republic Title is providing this information as