Email Phishing Protection

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

Cybercriminals' BEC Schemes Exploit Athletes in Soccer’s Golden Era

September 17, 2024
How the Patriots' Defense and RPost's Cybersecurity Block Red-Zone Attacks

September 10, 2024
Cybersecurity in Sports: Protecting Athletes, Managers, and Sponsors from Cybercriminals

September 03, 2024
How $125 Million Was Stolen in a Real Estate Transaction and How RPost PRE-Crime™ Can Protect

August 30, 2024
Data Breaches are So Common Today, they Seem Not Newsworthy. Use RPost So YOU Remain Data Breach Non-Newsworthy

August 23, 2024

Follow

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