Well, the criminals have discovered yet another way to steal identities and money.
I would strongly suggest you take a good hard look at any requests from closing agents that involve wires, and verify the request is valid. Further, keeping in mind the requirements of the Financial Services Modernization Act of 1999 – DO NOT transmit any of this non-public information in an unsecured manner. Always use a drop box or a password protected email.
This is getting crazier and crazier. Don’t take chances. Protect your data, trust but verify.
Call us if you would like to discuss our Compliance Services. Ask about the Audit Protection Plan – included with our program.