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Real Estate
Wire Fraud Advisory

Protect Yourself From Wire Fraud

Last Updated: 4-22-2026

 

Wire fraud is a serious and growing threat in real estate transactions. Criminals may attempt to impersonate real estate agents, attorneys, lenders, or title companies in order to redirect funds to fraudulent accounts.

Polaris & Co Realty LLC is committed to helping clients understand these risks and take steps to protect themselves.



 

Important Notice
 

Polaris & Co Realty LLC will NEVER send wire instructions by email, text message, or any electronic communication. 

Polaris & Co Realty LLC will never request that you change or update wiring instructions via email, text message, or any electronic communication.
 

If you receive wiring instructions that appear to come from Polaris or any party in your transaction via email or text, do not act on them and contact your Polaris agent or the appropriate closing professional immediately using a verified phone number.





How Wire Fraud Happens
 

Fraudsters may:
 

  • Hack or spoof email accounts

  • Send messages that appear legitimate

  • Change wiring instructions at the last minute

  • Create urgency to pressure you into acting quickly






Warning Signs
 

Be cautious if you receive:
 

  • Unexpected requests to send or change wire instructions

  • Last-minute changes to payment details

  • Messages with urgent or threatening language

  • Emails with slight misspellings or altered addresses

  • Requests to bypass normal verification procedures






What You Must Do
 

To protect yourself:
 

  • Never send funds based on email or text instructions alone

  • Always verify wiring instructions by phone using a trusted, independently sourced number

  • Speak directly with the closing attorney, title company, or escrow agent

  • Confirm all details verbally before sending funds





 If You Suspect Fraud
 

Act immediately:
 

  • Stop any pending transfers

  • Contact your bank and request a recall or freeze

  • Call your closing attorney or title company directly

  • Notify your Polaris agent or Broker of Record

  • Report the incident to the FBI Internet Crime Complaint Center (IC3) at www.ic3.gov






Important Disclosures

Polaris & Co Realty LLC does not hold client funds, maintain escrow accounts, transmit wire instructions, or receive earnest money or closing funds.

All financial transactions are handled exclusively by licensed third-party professionals, such as closing attorneys, title companies, or escrow agents.

Polaris is not responsible for the handling, transfer, or security of funds managed by third-party entities.

Email and electronic communications are not secure and may be subject to interception or manipulation by unauthorized third parties.

You should not rely on any wiring instructions received electronically without independent verification.






Questions or Concerns
 

If you have any questions about wire instructions or suspect fraudulent activity, contact us immediately:
 

Polaris & Co Realty LLC
6 Liberty Square #2470
Boston, MA 02109
(617) 410-4440

support@polariscorealty.com
 

Failure to follow these procedures significantly increases the risk of financial loss due to wire fraud. Staying vigilant and verifying all instructions independently is essential to protecting your funds.

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