This mortgage scam is more common than ransomware attacks :: WRAL.com

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As commonplace and scary as ransomware attacks are becoming, the FBI says there’s an even more common scam to be wary of: Mortgage scams.

In the last year alone, the FBI says mortgage scams have cost people $1.8 billion dollars.

One local family lost nearly $50,000 by wiring it to scammers pretending to be his title company. They were so convincing, they even had paperwork and information – details Brendan Henkel assumed only his title company would have.

The Henkel family was about to purchase a new home. Their offer was accepted, and they were working on closing the deal when Brendan Henkel was asked to wire funds.

He had emailed his legitimate title company that morning, but somehow, a scammer hijacked the exchange, sending 23 back-and-forth emails. One even included a note of congratulations. The emails also…

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