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Denver Area Family Avoids $513,910 Mortgage Fraud Scam
Canyon TitleApril 13, 2021 GMT
DENVER, April 13, 2021 (GLOBE NEWSWIRE) -- Canyon Title Inc, a Boston National Company, announced today they will be co-hosting a webinar with fraud prevention expert Tom Cronkright, CEO of CertifID. The webinar, ” To Catch A Fraudster,” is scheduled for April 14th at 11 a.m. Eastern/9 a.m. Mountain.
On February 21st, 2021, a local Greenwood Village family was refinancing their home. The fraudster sent instructions to wire the payoff of $513,910.57 to a Wells Fargo account by posing as a lender who sent fraudulent wiring instructions from the loan servicing company. The good news is by collaborating with the Secret Service and the FBI, the accounts were frozen, and the monies were recovered. Register for this webinar to gain insight into how criminals use phishing scams to compromise email accounts and steal wire transfers. This session will also review ways to avoid these types of scams.