Examples of Fraudulent Emails

July 25, 2017

Here are a couple of examples of the types of email you may receive from criminals attempting to steal funds for a real estate transaction.

Sometimes the email address looks correct, but the “reply-to,” which isn’t displayed in most email programs, can be masked or undisclosed, and can lead to unfamiliar or personal email domains. Note the use of the gmx.com domain, which is notorious in this type of scheme. 

From: [Name] <[actual email address]>

To: Details

Hello,

Please I need you to do a quick wire transfer to a local bank for me. Get back at me with the info you need to do the wire transfer.

Here’s an example of a spoofed inter-office email attempting to get an employee to change wiring information.

From: [Name] <[name]@gmx.com>

To: [Internal Employee email]

Subject: Urgent – proceeds

[First Name],

Seller wants proceeds wired to their trading account how can you help?

In the following example, the agent had an email address that incorporated the company domain, but the “from” was a Gmail address designed to make the recipient think it was a legitimate correspondence. In addition, two digits of the phone number in the email signature line were transposed.

From: [Agent Name] <[agent-name]@gmail.com>

To: [Client]

Subject: Urgent – regarding [Listing Address]

[First Name],

To move forward on [address] we need to have the money wired immediately. Once you wire [amount] to [wiring instructions] I will call you. I am in a meeting and will not be available to talk until I call you later.


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.