Archive for the ‘Scams’ Category

Real Estate Buyers and Sellers Beware: Internet Scam

Monday, March 28th, 2016

If you are a buyer, seller or real estate agent involved in a sale transaction, or may be in the future, please read this important warning from the Federal Trade Commission as posted by the National Association of Realtors (NAR):

“On March 18 the FTC Consumer Blog issued a post focused on hackers who have been breaking into some consumers’ and real estate professionals’ email accounts to get information about upcoming real estate transactions. After figuring out the closing dates, the hacker sends an email to the buyer, posing as the real estate professional or title company. The bogus email says there has been a last minute change to the wiring instructions, and tells the buyer to wire closing costs to a different account. But it’s the scammer’s account. If the buyer takes the bait, their bank account could be cleared out in a matter of minutes. Often, that’s money the buyer will never see again.” – NAR

To read the article in it’s entirety click here. The bottom line is that during the course of the transaction if you receive any emails asking you to wire money to escrow or the lender, you must contact the sender first and verify the account number prior to sending any wires. If you do not do so, you could lose the entire sum. PLEASE never wire money to anyone based on an email until you confirm the account number with the sender. It is too easy for hackers to get into accounts, as I am sure you may have seen before, and phishing is on the rise so protect yourself.

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Beware: IRS Phone Scam!

Tuesday, March 1st, 2016

Beware!! There is a large scale phone scam going on right now and I was just a victim. Someone is calling “from the IRS” stating that you are being sued because you have not responded to certified letters that were sent to you regarding an audit. He had my name and address, and obviously my phone number. th

I kept asking questions and did not give out any personal information, and eventually the man became angry with me and told me I was being rude to a federal officer. I had to keep interrupting him because there was a lot of background noise and it was difficult to hear what he was saying. The next thing I know he said something to me that is too foul to repeat here. I then hung up.

I called my accountant and was told that many of their clients had received similar calls, and that eventually they ask for money to be sent to make the lawsuit go away. Of course I didn’t let it get that far. These calls are being made from numbers all over the US – mine “came from” Washington state, others have received calls from Virginia and other area codes. Obviously they are routing the calls but I have been told they likely originate overseas.

Here are some VERY important things to remember if you ever receive a call from the “IRS:”

1. The IRS does not call citizens. Period.

2. The IRS would NEVER ask you to send money even if you called them.

3. The IRS must notify you in writing via mail if you are being audited.

4. NEVER send money. Period.

5. Report any suspicious calls. If you are the victim of phone scam please contact the Federal Trade Commission at 877-382-4357 to report. My report was number 70 million plus – and that is just this year! You can also visit the FTC website for more information by clicking here. Please share this with everyone you know, especially the elderly as my accountant said many have been scared and have made payments.

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Top 10 Signs You are Being Scammed

Friday, October 12th, 2012

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