Buyers & Sellers

Wire Transfer Fraud


WTF! Every day, hackers try to steal money by emailing or calling with false wire instructions. The scariest part is that they are often successful. In 2022, more than 11,000 victims were affected by real estate-related wire fraud totaling more than $396 million.


How to avoid a WTF Moment

Know what to look for

Criminals will use a similar email address, steal a logo, and other information to make it look like the email came from your real estate agent or Pioneer Title Agency. This can be incredibly deceiving. Understand that the wire instructions you receive in your opening package will not change. And if the instructions or payment were to change, we would not communicate this via email.

Confirm, confirm, and confirm again.

Confirm your wiring instructions by phone using a known number before transferring funds. Don’t use phone numbers or links from an email. Ask your bank to confirm the account number before sending a wire. Then, within four to eight hours, call Pioneer Title Agency to confirm they received your money.

WTF! You’ve been targeted! Now what?

  • Immediately call your bank and ask them to issue a recall notice for your wire.
  • Report the crime to
  • Call your regional FBI office and police.
  • Detecting that you sent money to the wrong account within 24 hours is the best chance of recovering your money.