Consumer Alert – Must Read

January 8, 2018

Wire fraud phishing attacks are getting more sophisticated… 3 attempts thwarted in the Milwaukee area alone recently. Buyers and sellers need to be aware or they could lose tens of thousands of dollars, even hundreds of thousands.  And it is GONE.


Buyer Beware: 

Buying a home is an exciting, complex,  sometimes confusing process with all sorts of steps to get to the finish line: the closing table.  Buyers trust their agent, looking to them for guidance and doing what is needed to get to that closing table and into that new house. But, there’s a new criminal scheme emerging attempting to derail the closing and steal the buyer’s money.

Not your typical email scheme.

You’ve no doubt received emails promising that millions of dollars would be deposited into your account in thanks for helping some poor person overseas. Pretty obvious scam.  Criminals are getting smarter.


Enter a sophisticated phishing scheme targeting mortgage closing costs. Here’s how it works:

  • The email of the home buyer or the real estate agent is hacked by scammers phishing for financial information.
  • Once in the email account, the scammers are able to read emails, learning about the planned purchase, the closing date, the dollar amount needed to bring to closing.
  • Scammers then send an email to said buyer posing as the real estate agent or the title company involved in the transaction.
  • They indicate there’s been a last minute change or an “update” to wiring instructions for the money needed to complete the home purchase. Basically, send the money “here” instead.  “Here” is to an account the spammers own. There goes perhaps hundreds of thousands of dollars meant to be the downpayment/closing costs on a dream home. Gone just like that.


It is happening everywhere, even in Wisconsin

The Federal Trade Commission and National Association of Realtors are involved and aware nationwide. They caution: Do not email financial information.  We additionally state your First Weber real estate agent will NEVER email you wiring instructions. 


Protecting our buyers

To protect and inform our buyers, we have added the following disclosure to emails sent from First Weber’s official email system, where an email ends with

Email Security Advisory: Do not send funds or nonpublic personal information, such as credit card or debit card numbers or bank account and/or routing numbers, by email. First Weber, Inc. will never request that you send funds or such nonpublic personal information by email. If you receive an email message directly or forwarded concerning any transaction involving First Weber, Inc., and the email requests that you send funds or provide nonpublic personal information, do not respond to the email and immediately contact First Weber, Inc. at 608-443.2255, and please forward any suspected email fraud to


When in doubt, call your agent.

The internet has changed the real estate transaction, and countless other things,  for the better in many ways. Unfortunately, hackers and scammers have upped their game and found ways to interfere with important life events like buying a home.  Be careful, be informed, call your agent.


The threats are REAL. You can read more about this subject below:

Happening in Mennesota:


First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Southwestern WI, Western WI & parts of Minnesota, Central Wisconsin, Northeast Wisconsin, Michigan’s Upper Peninsula & Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at

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