Hackers impersonating mortgage and title staffers in wealthy Texas suburb to steal down payments

Police in Southlake, Texas, a suburb of the Dallas/Ft. Worth Metroplex and the fourth wealthiest city in the U.S., issued a warning this week about scammers who are hacking into the email accounts of real estate professionals and then pose as title company employees in order to steal a homebuyer’s down payment. And in Southlake, the down payments can be quite high.

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