Page 19 - Whatcom Title & Escrow Guide
P. 19

74%










                              of homebuyers 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.com, May 2020)




                                       $3.5 B










                                was attempted to be diverted and wired to

                                 “criminally controlled” accounts in 2019
                                                (Retrieved from fbi.gov, May 2020)





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