Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email. A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly. >> Learn how to be WireSafe
The Fed confronts an unusually confusing economic moment The Federal Reserve has remained mum about interest rates as inflation concerns have heightened, leading to confusion about the state of the US economy. Washington — The Federal Reserve has remained mum about interest rates as inflation concerns have heightened, leading to confusion about the state of the US economy. Inflation slowed sharply in...
Piles of cash and a town of solutions in Kenya, Nigeria (Summer School) Let's head to a small town in Kenya that's become globally famous for helping economists answer some of the biggest questions facing humanity. In Kenya and Nigeria, economics isn't just theory,...