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My client nearly lost $1.3 million in a wire transfer hack
We had a closing that almost didn't happen. My buyer received fake wire instructions that looked like it came from his closer at his title company. He was interviewed  by Channel  10 news regarding the experience
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PEMBROKE PARK, Fla. - Local 10 viewer Freddie Laker nearly lost more than a million dollars, with just one click. When he realized hackers had intercepted a wire transfer during email communication with his title company, he was quick to act.
Laker was no stranger to tricks.
More Call Christina Headlines Local 10 News viewer calls Christina after receiving alarming water advisory Couple gets runaround from auto-glass company, ask Call Christina for help How identity thieves use your phone number to get personal information "I want to be clear. I was a hacker," Laker said. "I started hacking and that's what got me into technology."
But not even the former hacker -- now tech-savvy CEO -- is immune to sophisticated cyberthieves. Laker was in the process of buying his South Florida home when con artists were able to impersonate his title company and send him details to wire money.
"We had gotten a document from the title company. It was a PDF," Laker explained. "It had their logo at the ... more

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