Senior Fraud Specialist from Montecito Bank & Trust, Doris Roof, sounds the alarm about the dangers of real estate fraud. Currently, home buyers are often closing very quickly and it's vitally important to be sure to verify that the escrow instructions emailed to you are coming from your realtor and escrow company--and not a fraudster.. Once the wire is sent, your money could be lost forever. Pick up the phone to verify the wire instructions before sending the money!
