Scammers hack conveyancing professionals' email accounts to divert property settlement funds.
Property buyers are falling victim to scammers who hack conveyancing professionals' email accounts, targeting financial service businesses. These scammers divert settlement money by intercepting emails and using personal data, including home addresses, banking info, and ID documents. Recent victims have lost hundreds of thousands of dollars, raising concerns about the increase in such diversion scams.
May 18, 2024
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