Stay Informed About Wire Fraud

Stay Informed About Wire Fraud

At Rocket Title Inc., your security is our top priority. As the real estate market evolves, so do the tactics of cybercriminals. It’s crucial to stay vigilant and informed about the dangers of wire fraud, especially during real estate transactions. We want to share some important statistics and tips to help you protect your investments.

Industry Fraud Stats
Recent findings from the State of Wire Fraud 2024 Report by CertifID highlight the ongoing need for awareness and preventive measures:

49% of Homebuyers: Report being very aware of the danger cybercriminals posed to their transaction during closing.
1 in 4 People: Received some form of suspicious communication regarding their transaction leading up to closing.
71% of Buyers: Believe it should be up to someone else to educate them about wire fraud. They identified REALTORS® and title agents as the groups most responsible for providing warnings.
14% of Respondents: Did not verify their wiring instructions with anyone (REALTOR®, title company, attorney, loan officer, etc.) before sending money.
These statistics underscore the importance of continuous education and vigilance in safeguarding your transactions.

Our Commitment to You
Rocket Title Inc. is committed to ensuring your real estate transactions are secure. We provide comprehensive resources and support to help you recognize and avoid potential fraud. Here are some tips to keep in mind:

Verify All Communications: Always confirm wiring instructions with a trusted source through a known phone number before sending any funds.
Stay Educated: Attend our upcoming webinars and workshops on wire fraud prevention.
Report Suspicious Activity: If you receive any suspicious communication, report it to us immediately.