Denison home buyer out thousands of dollars from mortgage scam | #coronavirus | #scams | #covid19

DENISON, Texas (KXII) – A Grayson County father of two is out 36 thousand dollars after falling into a wire fraud scam while trying to buy a house.

Denison realtor Spencer McDuffy said his client, Jason Summers was scammed out of thousands of dollars while trying to send money to his title company.

“We have seen attempts at people scamming, and trying to scam people out of money to get them to send wires to the places they’re not supposed to be going. This is the first time I’ve actually seen it where it’s gone all the way through” McDuffy said.

Summers, and his family of four were planning on moving into their forever home Wednesday.

“They were like ‘hey, because of corona, we’re going to have you wire the money to us instead of coming in here with a check” said Summers.

Summers said it wasn’t the title company who sent him the Email, it just looked very similar.

”So when the client (Summers) received the email saying ‘here are your wire instructions’ it looked really legit, to be completely honest. It wasn’t until we started to see the very tiny discrepancies in the email addresses, that we really started to notice that something was going very wrong” said McDuffy.

”Between the mortgage company, title company and everyone else, they were fooled” Summers said. “They played along right with it, just like I did -except I’m the one who lost 36 thousand dollars.”

Summers said nobody could have prepared them for that type of scam.

”This has negatively impacted us so bad. I mean, our kid’s college savings! We were wanting to send our kids to private school, we were finally going to have a savings, all of our resources are ate up” said Summers.

The family is still planning on moving by the end of the week, and Denison police have been notified, but Summers said his bank told him that there’s no protection against that type wire fraud.

Copyright 2020 KXII. All rights reserved.

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