Comment on Banks are helping criminals victimize consumers and businesses | Opinion

Banks are helping criminals victimize consumers and businesses | Opinion

There is an epidemic of wire fraud infecting real estate and business transactions. Each day, consumers, small business owners and even sophisticated real estate investors are being defrauded, and the banks involved in facilitating the fraud escape being held accountable. Sophisticated computer hackers are breaking into computer systems of closing agents, realtors, venders and others involved in transactions and then sending “phishing” emails to innocent buyers with phony wiring instructions.

 

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