How Scammers are Stealing Down Payments

[McFurd]

Builder - 11/1/2017 - In a piece for NerdWallet, staffer Holden Lewis reports on a new scam targeting home buyers. Hackers are committing down payment wire fraud and have stolen hundreds of millions of dollars by sending bogus emails to buyers telling them where to wire the down payment money. But the money disappears. Read more @ http://www.builderonline.com/money/mort ... payments_c