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Buyer Loses Deposit to Scam

June 17, 2019

Earlier this year the California Association of REALTORS® reported that a wave of earnest money deposit scams had reappeared and warned brokers and buyers to be vigilant. In June, these same scams are still occurring, and the perpetrators are absconding with even larger deposits.  This type of scam does not involve cybercrime, e-mail phishing or […]

Filed Under: At A Glance Tagged With: California Association of REALTORS®, cvarconnect, distressed property, earnest money deposit, Los Angeles County Sheriff, scam, short sale

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