Technology

59589 readers

2936 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

160

Hacker gets 10 years for stealing $20M in home buyers’ down payments (arstechnica.com)

submitted 1 week ago by shoulderoforion@fedia.io to c/technology@lemmy.world

12 comments fedilink hide all child comments

Instead of celebrating a closing, some US home buyers lost everything.

you are viewing a single comment's thread
view the rest of the comments

[–] PhobosAnomaly@feddit.uk 16 points 1 week ago

I suspect the answer lies in paragraph 4, where I'm making the assumption that the scammers make contact directly with the buyers, and invite a payment to be made to the scammers rather than the brokers.

I suppose in a strictly legal sense, the brokers are off the hook then as they've no idea the scammers have asked the buyers to send a payment.

It's scummy as fuck all round.