Online Scams – Fake Seller/Closing Agent

·Variation on fake seller scam - impersonate existing title agencies by setting up a domain name, a website, and a bank account under names similar to legitimate title companies

·Identify a property, impersonate the owner, and contact a broker to list the property for sale.

·The appearance of a legitimate closing agent tricks the prospective buyer into sending significant earnest money deposit to the fake escrow agent