New Funding Resources 
Wire fraud in real estate transactions occurs when criminals trick buyers or investors into wiring funds to a fraudulent bank account. Real estate investors can protect themselves by verifying wiring instructions verbally with the title company and confirming the funds were received.
You might think that wire fraud is the kind of thing that happens in crime-centered TV series. Unfortunately, it also touches local real estate investors like you and me.
I am not writing about a hypothetical scenario. I am writing based on my actual experience as a hard money lender in Maryland, Virginia, and Washington, DC. When large amounts of money move quickly between buyers, lenders, and title companies, fraudsters pay attention. They are constantly looking for opportunities to redirect those funds.
