Closing ProcessHomebuying Glossary

Wire Fraud

A scam where criminals impersonate your title company or lender to trick you into wiring closing funds to them.

In plain English

Closing wire fraud typically involves a scammer intercepting or spoofing email communication to send fake wiring instructions right before closing, redirecting your down payment or closing funds to a criminal account.

Why it matters

Always confirm wiring instructions by calling your title company or closing agent directly, using a phone number you looked up yourself — never one from an email.

Where you'll run into it

Guides and tools on TheBuyingPath that cover wire fraud in context.

Related terms

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