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Bobby Moats

September 19, 2025

5 Mins.

🛑 The $340,000 email that ruined a closing.

How Scammers Steal $340,000 in a Thursday Afternoon

🛑 The $340,000 email that ruined a closing.

How Scammers Steal $340,000 in a Thursday Afternoon

(And How You Can Stop It From Happening to Your Clients)

Picture this: Coffee in hand, inbox overflowing, closing in hours. Then—an email from the title company with “updated wiring instructions.” You forward it. Your client wires the money. By lunch…

💸 $340,000 is gone.


No happy closing. No keys. Just panic. And this story? Sadly, not rare.

Cybercrime doesn’t break in. It blends in.

In real estate, where deals move fast and money moves faster, scammers know the exact pressure points to push. Their scams are polished, well-timed, and terrifyingly convincing.

  • Real estate wire fraud has exploded 50x in less than a decade — from $8.8M to $446M annually (FBI data).
  • 1 in 4 clients will be targeted in a transaction.
  • 60% of buyers and sellers admit they wouldn’t know how to spot a scam.

Translation: if you’re not protecting your clients, they’re sitting ducks.

Let’s talk about how Speculo.ai keeps you one step ahead →

Why real estate is a scammer’s playground

  • Multiple parties in every deal.
  • Tight deadlines and fast money movement.
  • Sensitive info flying across emails.

To hackers, this chaos is a goldmine.
All it takes is one click at the wrong time.

5 Rules of Scam-Proof Agents

  1. Slow down before you click. Urgency = danger.
  2. Double-check wiring by phone. Only with trusted numbers.
  3. Inspect every email. Typos and weird domains = 🚩
  4. Guard your logins. 2FA is your lockbox.
  5. Educate your clients. If you don’t, scammers will.


See how Speculo.ai makes #5 effortless →

New tricks, new threats

Scammers now use:

  • AI-generated voicemails that mimic lenders.
  • Deepfake videos of “colleagues.”
  • Fake portals that mirror legit ones.

Clients won’t always notice. That’s why proactive agents stand out—not just by closing deals, but by protecting people.

READ HERE: INMAN.COM

Where Speculo.ai Comes In

We can’t stop scammers from trying, but we can stop them from winning. With Speculo.ai, you get:

✅ Real-time notifications so nothing slips by.
✅ Follow Up Boss sync
for complete clarity.
✅ One-click insights
that save time (and mistakes).

Because the only thing worse than losing a deal… is losing a client’s savings with it.

Bottom line: Wire fraud is exploding, but you don’t need to live in fear. You just need smarter habits—and smarter tools.

Speculo.ai keeps you proactive, not reactive, so you can focus on what matters: closing deals and protecting dreams.

Book your Speculo.ai demo today →

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