Hackers Defraud Homeowners Out of Hundreds of Thousands of Dollars

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Hackers Defraud Homeowners Out of Hundreds of Thousands of Dollars
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A New Jersey couple thought they narrowly escaped real-estate fraud, then found they were on the hook for $180,000 in missing funds

Last August, Robert Masucci and Clare Falbe Masucci sold their house in Glen Ridge, N.J., for about $840,000 after owning it for 30 years.

About an hour after the transaction closed and the profits from the sale arrived in their bank account, their lawyer received an email purporting to be from Mr. Masucci, instructing the lawyer to send the payout somewhere else.

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