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State of Wire Fraud Report 2025

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Most consumers don't know that real estate wire fraud “is a thing”

52%

of all consumers are “not aware” or only “somewhat aware” of the risks of wire fraud.

Q: How aware were you of the risks of wire fraud before closing on your property? Wire fraud occurs when someone impersonates a trusted party to trick you into sending money to the wrong account.

N= 1,497

1 in 20 consumers become a victim

1 person in red out of 19 in dark blue

Q: Did you receive any suspicious or fraudulent communications during your closing process?
A: Yes, and I became a victim.

Inexperienced consumers are at greater risk

3x

victim rate with first-time real estate consumers.

Consumers value security

79%

of home buyers and sellers are willing to pay for a more secure experience.

Q: Would you pay more to work with a real estate business over others if they prioritized your security from wire fraud?

N = 1,494

Turn the tide

Real estate businesses can protect everyone with steps that are clear, feasible, and within reach.

Learn how in the State of Wire Fraud 2025 report.

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The State of Wire Fraud: 2024 Trends and Industry Forecast