{"id":21125,"date":"2022-10-06T12:42:37","date_gmt":"2022-10-06T12:42:37","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=21125"},"modified":"2022-10-06T12:42:39","modified_gmt":"2022-10-06T12:42:39","slug":"new-wire-fraud-scheme-exploits-virtual-meetings","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/","title":{"rendered":"New Wire Fraud Scheme Exploits Virtual Meetings"},"content":{"rendered":"\n<p>Wire fraud schemes are evolving, and scammers are finding new ways to infiltrate real estate transactions\u2014including exploiting virtual meeting platforms to dupe home buyers and sellers. A hacker may break into an email account and invite your client to a virtual meeting. How will the client know he or she is being targeted by a scammer? Typically, the hacker will use a still picture, claim to have audio and video issues and then direct the client to initiate a fraudulent wire transfer, warns Charlie Lee, senior counsel and director of legal affairs for the National Association of REALTORS\u00ae, in the latest <a href=\"https:\/\/www.nar.realtor\/videos\/window-to-the-law\">Window to the Law<\/a> video.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Window to the Law: Avoiding Wire Fraud in Transactions\" width=\"750\" height=\"422\" src=\"https:\/\/www.youtube.com\/embed\/CtyVPo7WzNg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>A real estate agent, lender, attorney, buyer, seller or another party to the transaction could have their email hacked by a scammer who then poses as them. Victims who fall for these scams could lose the funds they\u2019ve saved over their lifetime to move forward with a home purchase. Some <a href=\"https:\/\/magazine.realtor\/law-and-ethics\/feature\/article\/2020\/03\/avoid-cyber-liability\">real estate professionals have been named in lawsuits<\/a> brought by clients who say their agents failed to prepare them for possible wire fraud scams adequately.<\/p>\n\n\n\n<p>\u201cReal estate is an attractive target for cybercriminals to steal large sums of money,\u201d Lee says in the video. \u201cWire fraud usually involves a cybercriminal compromising a business or personal email account and sending the buyer or another party, in the last minute, a convincing yet fraudulent instruction to wire money to the wrong account.\u201d<\/p>\n\n\n\n<p>Lee urges real estate professionals to take the following steps:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Talk to your clients and staff about the dangers of wire fraud scams and how to avoid them. Several REALTOR\u00ae associations have developed wire fraud notices for their members to use. Some require the client\u2019s signature after reviewing. <a href=\"https:\/\/www.nar.realtor\/data-privacy-security\/wire-fraud-notices\">View examples.<\/a><\/li><li>Tell clients to always verify wire instructions in person or through a known, trusted phone number. Do not trust wire instructions provided by email.<\/li><li>Learn <a href=\"https:\/\/magazine.realtor\/technology\/feature\/article\/2020\/08\/13-ways-to-step-up-your-defense-against-hackers\">best practices for strengthening your cybersecurity<\/a> both at home and in the office.<\/li><li>Review your E&amp;O and cyber liability policies. Ensure that you have sufficient coverage in case an incident occurs<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wire fraud schemes are evolving, and scammers are finding new ways to infiltrate real estate transactions\u2014including exploiting virtual meeting platforms to dupe home buyers and sellers. A hacker may break into an email account and invite your client to a virtual meeting. How will the client know he or she is being targeted by a &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-21125","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Wire Fraud Scheme Exploits Virtual Meetings - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/new-wire-fraud-scheme-exploits-virtual-meetings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/new-wire-fraud-scheme-exploits-virtual-meetings\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"New Wire Fraud Scheme Exploits Virtual Meetings\",\"datePublished\":\"2022-10-06T12:42:37+00:00\",\"dateModified\":\"2022-10-06T12:42:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/new-wire-fraud-scheme-exploits-virtual-meetings\\\/\"},\"wordCount\":366,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/new-wire-fraud-scheme-exploits-virtual-meetings\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/new-wire-fraud-scheme-exploits-virtual-meetings\\\/\",\"name\":\"New Wire Fraud Scheme Exploits Virtual Meetings - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Wire Fraud Scheme Exploits Virtual Meetings - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"New Wire Fraud Scheme Exploits Virtual Meetings","datePublished":"2022-10-06T12:42:37+00:00","dateModified":"2022-10-06T12:42:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/"},"wordCount":366,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/","name":"New Wire Fraud Scheme Exploits Virtual Meetings - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","isPartOf":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website"},"datePublished":"2022-10-06T12:42:37+00:00","dateModified":"2022-10-06T12:42:39+00:00","breadcrumb":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/new-wire-fraud-scheme-exploits-virtual-meetings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.anthonydidonato.net\/wordpress\/"},{"@type":"ListItem","position":2,"name":"New Wire Fraud Scheme Exploits Virtual Meetings"}]},{"@type":"WebSite","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website","url":"http:\/\/www.anthonydidonato.net\/wordpress\/","name":"Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","description":"Properties and Real Estate for Sale","publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.anthonydidonato.net\/wordpress\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","url":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","contentUrl":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","caption":"admin"},"logo":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg"},"description":"For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. 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