CHICAGO (WLS) -- Imagine saving for years for a new home and then having your down payment disappear in the blink of an eye. Real estate wire fraud is now among the fastest growing scams in the U.S.

Financial institutions continue to battle cyberattacks, particularly hackers who tap into the fiscal electronic freeway used to move large sums of money for real estate deal closings and other ...

Tim Myers was about to close on a home in Fort Wayne, Indiana, when the email he’d been expecting popped into his inbox. His mortgage loan officer sent wire instructions for his down payment, along ...

What is a wire transfer? It's a secure electronic transfer of funds between banks. Learn how it works, costs and processing times.

If you feel as if spam emails and phone calls increased astronomically in 2020, you’re not wrong. It’s not just you deleting hundreds of fraudulent emails and ignoring a barrage of fake phone calls.

If your small business wires money through a financial institution on a regular basis, it's a good idea to be aware of the federal regulations that affect wire transfers. These regulations contain ...

The suit provides a cautionary tale for attorneys, who are increasingly finding themselves targeted by hackers who intercept ...

When Maryland residents Roger and Shirl Lynn Butschky sold their home in East Naples more than a year ago, they didn't get their money after the closing. Every dime — more than $450,000 — went to a ...

Before the rise of payment apps and digital wallets, wire transfers were a go-to payment method for customers who needed to send money without handing over cash, and they’re still a valid option today ...