Imagine scrimping and saving for a down payment to buy a home when a scammer swoops in and steals all that money right before you’re about to get the keys. Even worse, there’s little or nothing you can do to get your money back.
This scam is so big, even the FBI is sounding the alarm as more and more people get hit.
“It is devastating,” said Special Agent Ethan Via. “We’ve had people’s life savings wiped out. Their dreams of owning a home gone in an instant.”
When you’re in the final stages of buying property, you get email from people you’re already dealing with – or so you think – telling you where to send the money to close. But the location is a scammer’s account.
Read the full story on KOMO News.