California couple wires $800,000 home down payment to scammer

The hubster is handsome but D-U-M-B.

Greedy people. right?

Excessively GREEDY trying to be "Christian" from their hundreds of self-attitudes as a Xtisn self-involved POS!

The down payment was nearly a million dollars? It must be quite a house.

Even if it was wired- why not go directly to the office to perform the transaction? Or write a paper check to deposit?

I could see having to use an NFC key the company would send in the mail that would have to be connected to the accounts directly.

The husband actually looks dumb - slack jawed. Stupid people are great fucks so he's probably got that going on in his favor.

The moral of the story is that these days you have to know exactly what you're doing and triple check everything to be certain that what you're doing is authentic. Any suspicions? Don't do it.

R4 god fucking forbid you visit the link which contains the information being discussed here.

Where do people that young and dumb get 800K?

OnlyFans, R8.

The husband should do OnlyFans, R9.

He'll make back all his money in no time.

I hope their marriage can survive this uttaly embarrassing ordeale.

I remember this story. It’s a bit old and if I remember correctly, they did get some or most of their money back

I’ve bought and sold 3 houses and was scared shitless that somehow I’d fuck up and wire t he money to a scammer.

Can we get a wellness check on R11, please?

The husband needs to sell his hairy hole to the gays, he'll earn that money back quick.

The husband probably has a huge cock and could sell his services to the gays and make a lot of money. The wife, not so much

That baby Declan is a giant!

Kevin and Nicole Noar.

And Nicole is a MOMMY FRAU. No wonder this dumb bitch got scammed:

[quote] Nicole Noar

[quote] 💗Kevin's wife 💙Deklan + Roman’s Mommy

[quote] 👩🏻‍⚕️RN L&D, Reproductive Med + Lactation Consultant

[quote] 💁🏻‍♀️Founder @snuggleshield

I'd love to see what Kevin is packing.

Wow they are indeed still wed in their marital bliss with two wunnerful chillins and a baby sneeze gawde

The husband's gay!

[quote] The husband's gay!

No, he's a chef.

Too dumb to be homeowners.

Does she ever let him speak or is he just there to lift things and look pretty?

As a seasoned financial crimes investigator, just based on what they said in the video, my first impression is that it is likely the escrow agent who sent the instructions was in collusion with the recipient in Singapore. In other words, I believe it was an inside job.

Was it really a matter of their stupidity? Could they have easily caught the problem in the routing number?

Can someone summarize what happened?

The husband could whip up a fresh batch of Bechamel sauce for me!

If that's true, R24, it shouldn't be hard to track the money down.

The routing number is simply to US bank identifier for the transfer. The problem is the beneficiary account happens to be a foreign entity, unless their is a further beneficiary bank in Singapore where the account is maintained, and they are using the US bank as the intermediary. The US bank they paid through has a regulatory and fiduciary responsibility to know their customer (KYC if a keystone of the US Patriot Act of 2021). The couple can actually sue the paying bank for housing a scammer as a customer and not having done proper due diligence when they onboarded them as a customer.

Have they set up a GoFundMe yet?

Actually R30, they did.

^^Ha ha, i LOVE that kid's expression at r31.

It screams: "I got stuck with these losers, and I can't find my receipt to process a return." (SIGH).

It’s Solana Beach. A 1932 1 BR cracker box costs a million.

This story is 4 years old.

The wife could be prettier with short hair and a bit of makeup

oof imagine the trow-ma!

THE GARBAGE SITE "US SUN" publishes this 4 year old story - for god knows what reason - in APRIL 2024. Because the INTERNET IS FILLED WITH CRAP.

3, 2, 1

An idiot Datalounger posts it in MAY 2024.

Why? Because for 33% of Datalounge posters, time stands still. It might as well have been yesterday or the Weimar Republic. Who cares! It's all the same!

Yup, Solana Beach is a nice area. However, they put down $800K. How much was the house?

So what's happened in the last 4 years? Did they get the money back? Did the escrow agent get fired?

GoFuckYourselves

the hot husband hunted the scammer down and fucked him relentlessly.

[quote] Yup, Solana Beach is a nice area. However, they put down $800K. How much was the house?

I watched the video back again, and the reporter said that they were buying a house in CARLSBAD, but ended up staying with family in Solana Beach.

Also, he states that the $775,000 was SIXTY PERCENT of the total purchase price.

By my calculation, the purchase price of the house was about $1,291,000.

Does that sound about right for Carlsbad, California?

Carlsbad is also a nice area. It's in North County San Diego. $1.2 million sounds OK and maybe low.

How did they have that kind of money? One of the articles said they "saved" for their dream house, but you'd have to be earning a hell of a lot to save $800K at that point in your life.

Their parents probably helped them.

They raised $21,000 on GoFundMe.

Lol.

Mama’s mussy is twitching like an addict’s trigger finger at a bank robbery!

[quote] Was it really a matter of their stupidity? Could they have easily caught the problem in the routing number?

No. It is a rather sophisticated scam. Buyers typically only communicate with escrow by e-mail. Then their own financial institution would have no way of knowing if the account number is fraudulent. It is a cautionary tale. Even smart people should call to confirm wiring instructions.

I work for a bank and I can't tell you how many times I see this scam. I feel bad but there is nothing we can do, Even when we see the red flags the client insists we send the money. They get pretty nasty about it too. "Just send it!" or I'll report you to the CFPB. Then of course they want our help and blame us when they realize they got scammed. Fuckers.

Rich people putting their hands out for GoFundMe donations? Yea, no. Also Carlsbad is boring as fuck. It's full of old people playing golf all day. Young people would and should be bored to tears there. And look at the bright side: They were gonna lose that $800k anyway when the real estate market inevitably shits the bed. $800k should've been the PRICE of the home, not the 60% downpayment amount! A fool and his money are soon parted in one way or another.

I thought you guys were overhyping the husband but he really is that hot and totally my type. If he's not going to do OF we should try to bait him for some nudes & a jerk off video.

Husbands usually lose some of their attraction to their wives once she start popping out babies.

He has lovely hair.

Aren’t a lot of these “Cali” houses used for porno movies?

That's in the San Fernando Valley. ^^

“$800k, was that the down payment?”

A few years ago, my bank contacted me to query possible fraud on my account. I said thanks for calling but that I was going to hang up and dial a number that I knew definitely belonged to my bank before proceeding.

Anyway when I rang my bank it turned out it was a genuine call. I'd made a few small transactions in a row, which were genuine, but it triggered their anti fraud software so they put a freeze on my account.

So I'm surprised their bank didn't contact them to query such a massive transaction.

Why would you “wire” that much money? Get a certified check.

[quote]Why would you “wire” that much money? Get a certified check.

When my husband and I recently bought a home, the closing attorney/escrow would only accept a wire transfer, no certified checks allowed. So, after receiving the wiring instructions via encrypted email, I called their office just to confirm the account number. Even so, I was nervous as hell wiring over such a large sum (for me) and was so relieved when the transaction was confirmed.

What I don't understand is how the scammer was able to intercept the email with the wiring instructions and then replace the routing number with a fake account.

The husband is not that hot.

The hubby has been selling his hairy ass for the last five years.

He’s not, R60. His eyes are kind if beady and close together though so he’s most likely bisexual.

I work for a bank and deal with this nonsense all the time. You'd be surprised how many millions of dollars people are defrauded of and think we can magically get their money back. I got news for you once it's gone it's gone. The banks have no power to get it back. Verify people!

Millennials want to do everything not only with a phone, but with the shortcut app. They've probably never held a pencil.

If the fraud is noticed right away, preferably on the same day, or at most the next day, it may be possible to get the funds back.

If you’re paying by credit card.

wire transfers for real estate are required in CA so there is no alternative... in addition, once a wire transfer las left the issuing bank, there is no getting the money back unless the recipient agrees to it... period

When did Morgan Fairchild start working at ABC 10?

R67 REQUIRED?! That's fucked. Now I have complete sympathy for them. I figured they were being lazy.

In TX, every title company and realtor has language in their email signature saying something like, “wire scams are on the rise. Always confirm with your title officer by phone before wiring any money”. Etc etc

R67 Wrong on getting the funds back. It depends on the paying bank and the circumstances. If the sending bank alerts the receiving bank that the wire was fraudulent they can freeze the funds in the beneficiary's account and investigate before allowing access.

Escrow is a California thing and I have to say, it felt way less secure to me when we did it.

I bought and sold homes in other states where in addition to realtors, you had a lawyer involved plus your bank/lender. The lawyer was mostly involved in the initial review of the contract and negotiations (not debating the price per se, but accounting for any discoveries during inspection, etc.) But then they were involved at the end, confirming wiring instructions, etc. (And no, you would not get a cashiers' check for anything this large, it would be sent via wire transfer).

I felt more secure with that because a lawyer and the bank were involved, both regulated industries. Whereas an escrow company seems to have limited liability, and all of the employees seemed to be no smarter than waitresses. Instead of an actual legal professional we had Maria Conchita Consuela Velveeta Melendez, with foot long fingernails, pushing escrow along. I had to correct several errors found in our paperwork, which was astonishing considering the importance of the transaction.

Sad but not surprised that these people got shafted.

[quote] If the fraud is noticed right away, preferably on the same day, or at most the next day, it may be possible to get the funds back.

With wire transfers, it's rare, and it depends on the receiving bank. Transfers going to international accounts/banks are unlikely to be retrieved.

that's preposterous r71, who would make the determination that the wire was fraudulent? even it were, there would have to be a process to make such a determination... if it is, then of course the funds may be frozen, but by the sign such determination is made, the receiver could most certainly have already moved the funds elsewhere

The husband should do some jerk off videos on a porn site.

[quote] Escrow is a California thing and I have to say, it felt way less secure to me when we did it.

Funny how California regulates everything to DEATH, except for the things that really matter.

Like this.

Looks like their legal case is still pending.

R73 As a bank financial crimes person I can confirm having obtained refunds from foreign banks for fraudulent wires many times. It's a combination of timing and whe5ther the bank is reputable. And afterwards as part of our bank's risk acceptance policy we would add suspected non-compliant foreign banks to our real-time blocked list so that future payments involving that bank will be flagged and not processed until the payment had been fully investigated. Some foreign banks are actually complicit in wire fraud.

R78 I worked in similar roles for a bank. OFAC and all that sort of fun stuff w/foreign banks. We used to tell anyone sending money to India, in the nicest way possible, that we had no control over their transfer once it left our hands (translation: you'd be better setting the money on fire).

Has anyone mentioned yet that the husband should do jerk off videos on a porn site?

Yes, I also had my hands in the OFAC responsibilities in both commercial real estate and mortgage lending. Nothing else to add here except how important it was to run all parties involved to see if there were any hits for anyone, and if there were, that was a hard stop for us in terms of the deal, until and unless there was very good evidence the person/entity with the hit could prove they weren't at fault, etc. I've never seen a successful fraud happen though, hopefully because we were pretty careful about our hits/investigations.

R80, Or, that he’s really not that hot?

He's ok... not a lot of charisma... and his bolognese doesn't even look that good!

Why is he using a single burner to cook this instead of an actual stove? Just curious.

R84, I'm going to assume it has something to do with losing 800k?

ROFL R85 - good answer, you made me laugh.

They'll be making their next down payment in pennies.

You all are so mean!

They can't help it if they're dumb.

The husband, especially. Therefore, he must be really good in bed.

That is, when he's not stressed out from losing $800,000.

This could have happened to anyone, really.

Dumb hot husband or not.

So the scam depended on someone being able to hack into the mortgage company emails and know when they were closing a deal.

It was probably the husband. He looks gullible.

husband should sell some selfsuck videos

R90 The scam likely had to do with an insider job at the mortgage company collaborating with an outside source to send an email with a different beneficiary entity on the wire transfer information.

[quote] The scam likely had to do with an insider job at the mortgage company collaborating with an outside source to send an email with a different beneficiary entity on the wire transfer information.

They probably smelled a couple of suckers.

To be fair even reasonably savvy individuals could for for the wire transfer scam.

[quote] I'd love to see what Kevin is packing.

Me too, hoping for major meat and nice full balls

[quote] The husband could whip up a fresh batch of Bechamel sauce for me

Sure, but I’d prefer he whip up a fresh load of man cream and deposit it down my throat. That sounds quite tasty.

[quote] the hot husband hunted the scammer down and fucked him relentlessly.

Yup, he left his hole raw and gaping, and completely blown out and busted.

It can be yours, for the low, low price of $800,000!

He's a Chef and she's a Lactation Nurse

And they have 800K saved at such young ages???

Lemme explain something to y'all --- [bold]Some rich grandparent died[/bold] and they, dumbly, put it ALL down as a 60% down payment on a house.

[QUOTE]wire transfers for real estate are required in CA so there is no alternative... in addition, once a wire transfer las left the issuing bank, there is no getting the money back unless the recipient agrees to it... period

Are you sure about this, r67? I just sold my home a month ago. It was a private sale to neighbors. No real estate agents were involved. I filled out the buyer/seller agreement and addendum with all the relevant conditions. We sent the paperwork off to Stewart Title. Their lawyers reviewed and gave the OK. We signed the paperwork at closing and I received a cashiers check for the down payment then and there.

Scammers are getting smarter. Soon everybody will have fallen for a scam or two.

An 800k down payment? I know it's not that crazy in HCOL areas - it's 20 percent of $4 million, and they could be paying more than 20%. Still, must be nice.

They probably made it up for attention and to start a GoFundMe.

R104, Who would do something like that?

30 yr olds.... buying a 1.4 million dollar home and now setting up a go fund me..... give me a break.

Sorry, I tried to post this with link and got rejected. Link to follow.

Either r67 is woefully misinformed or blowing out his ass, for reasons unknown.

[QUOTE]A cashier's check or wire transfer are really the only options for a safe and reliable closing transaction, says Steve Hill, lead mortgage broker at SBC Lending in Southern California.

I tried to link again and got rejected again. Well, here's the text about permissible payments:

[QUOTE]"A cashier's check or wire transfer are really the only options for a safe and reliable closing transaction, says Steve Hill, lead mortgage broker at SBC Lending in Southern California. "Most escrow companies won't accept a personal check due to fraud," Hill says."

From US News article. I tried to post link, but DL rejected the link, twice.

99% of the posters on this thread couldn’t hope to have $800k to make a down payment on anything.

All the money I've ever had in my possession, added up over my lifetime, still would not amount to $800,000.

That's depressing.

What does it have to do with anything, r108, besides you banging on the the big obvious?

What do you mean, dear r111? Some of us are too dense to get your swift deftness!

Why would you wire directly to a mortgage company? They wouldn’t be the escrow agent, a title company would be. Wire into the agent and at closing/settlement wire out by the agent—with the appropriate verification process..

R109 And?

You’re not very bright, are you, R114?

Does the husband have any nudes?

r116 Yes -- if you have $800,000.