Home buyers are being warned that fraudsters are out to steal their money and to be on guard when purchasing a new property.

Action Fraud has issued the warning after a charity worker who was about to purchase his first home, had £67,000 stolen after hackers intercepted emails between him and his solicitor.

It is known as Conveyancing fraud and is committed when criminals hack into the email chains between sellers and buyers and their solicitors and estate agents.  The fraudster will wait for the right time, usually the day of the sale, and send a spoofed email informing the … Read more