Real Estate Cybersecurity

How $125 Million Was Stolen in a Real Estate Transaction and How RPost PRE-Crime™ Can Protect

How $125 Million Was Stolen in a Real Estate Transaction and How RPost PRE-Crime™ Can Protect

August 30, 2024 / in Blog / by Zafar Khan, RPost CEO

Story of Multi-Party Impersonation schemes; one person poses on both sides of a transaction via tactics like AI clones to siphon large sums.

Speaking to a multi-family-office real estate investor, he mentioned that his colleague mis-sent $125 million in a San Francisco commercial real estate transaction closing, with the funds ultimately routing off to Nigeria. Yes, $125 million!

Recent Posts

Protect Against Cyber Attacks & Impersonation with RPost Expert Insights

November 12, 2024
How Cybercriminals Choose Ransomware Targets and Set Ransom Demands

November 06, 2024
How to Protect Your Email Transactions & Accounts from Hack-and-Leak Operations

November 01, 2024
Unmasking Cybercriminal Impersonation: Surprising Schemes and Scenarios to Watch Out For

October 29, 2024
Cybercriminals Are Mass Phishing for That Small Percentage of People They Can Easily Trick

October 25, 2024

© 1999-2024 RPost. All Rights Reserved. Terms & Conditions, RMail | Gmail App Compliance.
RPost Patented (click for patent list).