06/10/2026
According to the FBI's most recent Internet Crime Complaint Center report, real estate and rental fraud losses reached $275 million in 2025, up from $173 million the year before, with over 12,000 complaints filed. Business email compromise accounted for over $3 billion in losses across all sectors. And for the first time, the FBI specifically flagged artificial intelligence in these schemes, with more than 22,000 AI-related cybercrime complaints tied to $893 million in losses in a single year. These schemes target the closing process specifically because that's when the largest sum of money moves with the least friction. Your clients trust you. That trust is exactly what these schemes exploit. The three rules on this post are standard wire verification protocol. Share them with your clients before every closing. If you want a wire fraud prevention checklist or want to talk through your firm's verification process, your Chicago Title Sales Executive can help.
