Imagine you run a precious metals store and a customer wants to buy $3,000 worth of gold via wire transfer. You verify their identity, complete the sale and hand over the gold. All by the book, right?

A wire transfer is an efficient and secure way to send money across the country or overseas. However, not all wire transfers ...

Americans are losing millions of dollars every year to criminals who steal money from their bank accounts through fraudulent wire transfers. Some U.S. senators are now pressing major banks for answers ...

Q: I am buying a house and have been warned about the various scams, especially those involving wires. I spoke with the closing agent, and they will not accept a check to buy my new home. How can I ...

Scammers, in two separate instances, convinced Ed Hayduk to wire transfer more than $70,000. Now, as he struggles to pay his bills, a Pennsylvania lawmaker is looking to enact protections to try to ...

Americans are losing millions of dollars every year to criminals who steal money from their bank accounts through fraudulent wire transfers. Some U.S. senators are now pressing major banks for answers ...