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DMAR Brief: Important Update on Wire Transfer Fraud

Laura Ruch, DMAR's 2015-2016 Chairwoman of the Board, shares a very important announcement regarding wire transfers and offers valuable tips for protecting yourself and your clients in the latest DMAR Brief update.

3 Tips for Keeping Your Transactions Secure

  1. Add information about ongoing wire scams to your email signature or include a disclaimer at the bottom of your emails. 
  2. Educate your clients on the issue of wire transfers. Clients should always call a verified number before transferring important information digitally.
  3. Make sure that your clients know they should never share any personal bank information via email.