Email scam targeting real estate industry gets worse

[McFurd]

Komo News.com - Connie Thompson - A scam that targets the real estate industry is stealing thousands of dollars from unsuspecting home buyers. In some cases, hundreds of thousands. Since I first warned about this scam last spring, real estate and cyber security experts says it's become a growing, nationwide threat to consumers.The escrow wire transfer scam was the topic at a recent continuing education class at the Seattle King County Realtors office in Bellevue."These scammers get into your email account," said the organization's president, Sam DeBord. "They find your consumers' information. They know about their transactions and they know when that closing date is."
DeBord said scammers gain access to client information by creating fake email accounts using the names of legitimate agents, like him, to contact people in the real estate industry.