A sophisticated scam by fraudsters hacking into realtor accounts:
There’s a consumer alert about an apparent scam targeting families in Rhode Island after a local couple lost $13,000.
Experts say this scheme is very sophisticated, and anyone who’s in the market for a new home needs to be on alert.
It’s a simple idea: pose as a real estate agent online and target home buyers. But in reality, it is anything but simple.
“The goal is to hack into the real estate agent’s email account,” said Connor Dowd, a broker with Keller Williams Realty of Newport. “Once they’re in, they try to learn about any real estate transactions that are currently going.”