
Cash Buyer Cryptocurrency Scam
Real estate licensees have been defrauded of more than $15 million and are a growing target for criminals, according to Mark Edgren, a Network Intrusion Forensic Analyst with the Secret Service, who recently gave a presentation for the National Association of REALTORS®. These cryptocurrency scammers use psychological tactics and are prepared to wait months for a payoff. Once the funds are taken, the scammers transfer around the world using blockchain and other types of cryptocurrency...