September 12, 2019
The litigation landscape is heating up over wire fraud losses. As buyers are tricked into wiring funds for a real estate closing to fraudulent accounts, they are seeking to recover their loss from those involved in the transaction. Title companies, financial institutions, attorneys and real estate agents are being named in lawsuits around the country. This session will highlight the top cases from around the country including the most commonly plead theories of liability and what to prepare for if there is a wire fraud loss. We will end the session with the top risk mitigation tools to lower the instances of wire fraud in your transactions.