Page 21 - CTT Title & Escrow Guide for Buyers & Sellers - Montana

74%

of homebuyers incorrectly believed their
title company or bank could recover funds

that are wired to the wrong account
(Retrieved from Alta.org, May 2020)

52%

of homebuyers are completely unaware
of wire fraud in real estate
(Retrieved from Notarize.org, May 2020)

$10.3 B

was attempted to be diverted and wired to
“criminally controlled” accounts in 2022
(Retrieved from fbi.gov, December, 2022)

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