At the very beginning of the transaction - during your first meeting with your attorney and title company. Confirm the phone number you will use for all future wire verifications, establish that you will always call before sending, and agree that wire instructions will not change without verbal confirmation. Setting protocols under time pressure on closing day creates exactly the vulnerability criminals exploit.
From the seller playbook: Wire Fraud Prevention for NYC Sellers
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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