I read it from here and another source, a customer of a title company in the greater Washington DC region became the victim of wire fraud, that is, a bad character imposed as the title company sending this customer an email and "instructed" him to send over a million to a bank account, the unsuspecting customer unwittingly obliged.
Here's some analysis: one possibility is that the title company uses some overseas third party for their data processing, thus, their customers' information and their communication with their customers were available to them, which enables the perpetrator to forge the title company's email address and sent the damaging email to the unsuspecting victim. If such analysis is close to truth then such perpetrator would be difficult to be brought to justice because of overseas jurisdiction. Now, if that's not the case, that is, if the perpetrator is in the US, then it would be much easier to bring him/her to justice once identified, and that's another reason foreign perpetrator would have less fear of committing this crime.
Were I the law firm hired by this victim, the first thing I would look into would be to find out if this title company has hired any overseas firm to handle their data or part of it and/or manage their communication.
Your thoughts?
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