Jon and Dorothy Little were all set to close on a $200,000 home in Hendersonville, North Carolina. The couple’s realtor sent an email to the closing firm asking for instructions on wiring the money to an escrow account. The FBI succeeded in having the resulting $180,000 wire transfer frozen once it hit the TD Bank account. However, efforts to recover the stolen funds were stymied immediately when the Littles credit union refused to give Bank of America a so-called hold harmless agreement that the bigger bank wanted as a legal guarantee before agreeing to help.”]
Source: https://krebsonsecurity.com/2017/04/blind-trust-in-email-could-cost-you-your-home/