IMPORTANT WIRE FRAUD ALERT FOR HOMEBUYERS
Realtors®, Real Estate Brokers, Lenders, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.
Champion Title & Settlements, Inc. (“Champion”) is asking our clients to CALL BEFORE YOU WIRE and never rely upon email communication. Always follow these two simple steps:
1. Obtain the phone number of your Lender, Real Estate Broker, Realtor® and your Champion Processor as soon as a transaction is started.
2. Call the phone number you wrote down from step #1 above to speak directly with your Champion Processor to confirm wire instructions PRIOR to wiring. If you receive alternative wiring instructions from Champion, be suspicious as we rarely change our wiring instructions.
3. ALWAYS CALL BEFORE YOUR WIRE