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Wire fraud happens all too often. Do you know what to do if you are a victim? This article provides information on what you need to do if you become a victim. #wirefraud #fraud

With cases of wire fraud rising at an alarming rate, it is paramount for buyers and sellers to arm themselves with the tools to protect themselves from potential wire fraud. Read our blog to learn four important questions to ask a title company to mitigate the risk of wire fraud 👇🏼

"Wire fraud is all too common today, especially in a digitally-based world," explains criminal defense attorney John S. Han. Understanding how scammers attack is the best way to help prevent wire fraud. Here are some red flags to look for: • Unsolicited requests for money or personal information. • The sender insists on communicating only via email. • The return email looks odd or doesn't include the company name. • Urgent or time-sensitive offers that seem too good to be true. • Pressure to act quickly without proper verification. • Misspellings, odd phrases, or grammatical errors in communication. • Requests to wire money or send payments through unconventional methods. https://lnkd.in/eCiJsgys

From metal coins, paper money and checks to plastic cards and wire transfers to the latest, cutting-edge forms of real-time electronic payments, a wide range of payment options is available to businesses and consumers. Unfortunately, fraudsters have tactics to target all of them. We work closely with our clients to develop and implement innovative fraud prevention strategies. In a recent article, my colleague @Stephanie Modar dives into the prominent fraud tactics plaguing the industry and explores mitigation strategies to respond to these fraudulent attacks. To learn more, read the article linked below. https://ow.ly/WYJ730sGg6e #bny #fraudprevention

Though there are different types of scams, the objective is the same: to steal your money or personal information. Scammers use sophisticated tactics to commit fraud which makes it hard to cancel or reverse the transaction. Spoofing is when a caller sends false information to your caller ID display to disguise their identity. Scammers often spoof a number from a company or government agency that you may already know and trust. For more information on how to protect your identity, visit our Consumer Tips page on our website, www.penncrest.bank, under Services & Tools.

Looking for a way to put your fraud knowledge into action? Here are three things you can do on each transaction to help protect your customers from title fraud: #FPM2024

Looking for a way to put your fraud knowledge into action? Here are three things you can do on each transaction to help protect your customers from title fraud: #FPM2024

Here is an overview of wire fraud. Escrow companies are taking steps to ensure that customers are protected, but having a general awareness of wire fraud can help prevent this crime from happening.

Credit card fraud: How to spot and report it

Wire fraud continues to be on the rise! Staying vigilant and acting swiftly if you suspect fraud is crucial, but prevention is truly the ultimate defense. Dive deeper into the topic on our insights blog for essential tips on safeguarding your transactions. https://bit.ly/4b5WCvr #WireFraud #FraudPrevention