{"id":7030614,"date":"2026-08-06T18:15:06","date_gmt":"2026-08-06T18:15:06","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/how-a-couple-lost-1-2-million\/"},"modified":"2026-08-06T18:15:06","modified_gmt":"2026-08-06T18:15:06","slug":"how-a-couple-lost-1-2-million","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7030614","title":{"rendered":"How a Couple Lost $1.2 Million"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\" data-sourcepos=\"1:1-1:224;0-223\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-13587 alignright\" src=\"https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-177x300.jpeg\" alt=\"\" width=\"177\" height=\"300\" srcset=\"https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-177x300.jpeg 177w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-603x1024.jpeg 603w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-768x1303.jpeg 768w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-905x1536.jpeg 905w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-scaled.jpeg 1207w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-283x480.jpeg 283w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-354x600.jpeg 354w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-589x1000.jpeg 589w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-530x900.jpeg 530w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-1200x2036.jpeg 1200w, https:\/\/affordanything.com\/wp-content\/uploads\/2025\/06\/Eric-Cole-2025-suit-hands-crossed-photo-1-800x1357.jpeg 800w\" sizes=\"(max-width: 177px) 100vw, 177px\"\/>Hackers broke into a real estate closing company\u2019s servers and waited three months for the right deal \u2014 then intercepted a wire and stole $1.2 million from a couple who did everything right, right down to the closing table.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"ltr\" data-sourcepos=\"3:1-3:297;225-521\">Dr. Eric Cole was a former CIA hacker, Cybersecurity Commissioner under President Obama, and longtime security advisor to Bill Gates. We\u2019re resharing this conversation, originally released in June 2025, in honor of his sudden passing this year and the practical security knowledge he left behind.<\/p>\n<h2><b>Listen Here<\/b><\/h2>\n<p><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/hackers-waited-3-months-for-this-couples-%241-2-million\/id1079598542?i=1000779950853\" target=\"_blank\" rel=\"noopener\"><strong>Apple Podcasts<\/strong><\/a><br \/><a href=\"https:\/\/open.spotify.com\/episode\/2F9vRuJ5VZ1qfoRpaO45s0?si=d4b4a17151cb47f8\" target=\"_blank\" rel=\"noopener\"><strong>Spotify<\/strong><\/a><\/p>\n<h2 class=\"mt-3 -mb-1 text-[1.125rem] font-bold\" dir=\"ltr\" data-sourcepos=\"5:1-5:17;523-539\">Key Takeaways<\/h2>\n<ul class=\"[li_&amp;]:mb-0 [li_&amp;]:mt-1 [li_&amp;]:gap-1 [&amp;:not(:last-child)_ul]:pb-1 [&amp;:not(:last-child)_ol]:pb-1 list-disc flex flex-col gap-1 pl-8 mb-3 print:block print:space-y-1\" dir=\"ltr\" data-sourcepos=\"7:1-11:268;541-2009\">\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\" data-sourcepos=\"7:1-7:292;541-832\"><strong>You Are the Target, Not Just Big Companies:<\/strong> Attackers deliberately go after individuals and small businesses with weak security, precisely because large companies have dedicated security teams. Small, repeated thefts \u2014 sometimes as little as $50 a month \u2014 often go unnoticed for years.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\" data-sourcepos=\"8:1-8:278;833-1110\"><strong>Banks Protect Themselves, Not You:<\/strong> FDIC insurance covers you if the bank itself fails. It does not cover you if your password gets stolen and someone drains your account through an electronic transfer \u2014 in most cases, that loss is legally yours to absorb, not the bank\u2019s.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\" data-sourcepos=\"9:1-9:342;1111-1452\"><strong>Never Trust a Wire Instruction From Email Alone:<\/strong> A hacked closing company can sit inside a compromised server for months, waiting for a large cash real estate deal before sending fraudulent wire instructions. Always call the company directly, using a phone number you look up yourself, to verify any wire transfer before sending money.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\" data-sourcepos=\"10:1-10:289;1453-1741\"><strong>Turn On the Security Features You Already Have:<\/strong> Two-factor authentication, account alerts, and a unique password for every site close the vast majority of the vulnerabilities scammers exploit. Nearly all the account takeovers Eric saw traced back to a reused or weak password alone.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\" data-sourcepos=\"11:1-11:268;1742-2009\"><strong>Separate Your Devices by Risk:<\/strong> Reserve one device for high-value activity like banking and financial logins, and use a separate, simpler device for everyday browsing and email \u2014 so a phishing click on the browsing device can\u2019t cascade into access to your money.<\/li>\n<\/ul>\n<h2 data-path-to-node=\"8\"><b data-path-to-node=\"8\" data-index-in-node=\"0\">Resources<\/b><\/h2>\n<p>See your full financial picture \u2014 income, debt, safeguards, and goals \u2014 in one place with our free one-page worksheet: <a href=\"https:\/\/affordanything.com\/cornerstone\">https:\/\/affordanything.com\/cornerstone<\/a><br \/>Dr. Eric Cole\u2019s firm, Secure Anchor Consulting: <a href=\"https:\/\/secure-anchor.com\/\">secure-anchor.com<\/a><br \/>Signal, the encrypted messaging app Dr. Cole recommends for sensitive conversations: <a href=\"https:\/\/signal.org\">https:\/\/signal.org<\/a><br \/>\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014<br \/>Stay in the loop \u2013 <a href=\"https:\/\/affordanything.com\/newsletter\">https:\/\/affordanything.com\/newsletter<\/a><br \/>\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014-<br \/>Join our community \u2013 <a href=\"https:\/\/affordanything.com\/community\">https:\/\/affordanything.com\/community<\/a><\/p>\n<h2><b>Chapters<\/b><\/h2>\n<p><i>Note: Timestamps are approximate and may vary across listening platforms due to dynamically inserted ads.<\/i><\/p>\n<p>(03:41) Why you\u2019re an easier target than a big bank<br \/>(06:46) Why cryptocurrency theft is nearly impossible to reverse<br \/>(10:59) How one password can move half your savings<br \/>(17:35) The fake unpaid-toll text that\u2019s made scammers millions<br \/>(21:55) Why paying the ransom is sometimes the smart move<br \/>(29:05) How AI clones your kid\u2019s voice for scams<br \/>(37:58) The one thing to never hand a child<br \/>(54:57) Why you should mask your location online<br \/>(01:16:18) The setting that blocks almost every account hack<br \/>(01:18:45) The bank alert that can undo fraud fast<\/p>\n<p>Thanks to our sponsors!<\/p>\n<p><a href=\"http:\/\/policygenius.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Policy Genius<\/strong><b><br \/><\/b><\/a>Secure your family\u2019s future with Policygenius. Head to\u00a0<strong><a href=\"http:\/\/policygenius.com\/\" target=\"_blank\" rel=\"noopener\">Policygenius.com<\/a><\/strong>\u00a0to compare life insurance quotes from top companies and see how much you could save.<br \/><b\/><\/p>\n<hr\/>\n<p><a href=\"https:\/\/www.monarch.com\/\" target=\"_blank\" rel=\"noopener\"><b>Monarch<br \/><\/b><\/a>Use code\u00a0<strong>AFFORD<\/strong>\u00a0at\u00a0<strong><a href=\"https:\/\/www.monarch.com\/\" target=\"_blank\" rel=\"noopener\">Monarch.com<\/a><\/strong>\u00a0to get your first year of Monarch Core half off at just $50.<\/p>\n<hr\/>\n<p><a href=\"https:\/\/www.mintmobile.com\/?utm_source=podcast&amp;utm_medium=audio&amp;utm_campaign=mint_podcast&amp;utm_content=paula&amp;dnfemfkahqkdlf=paula\" target=\"_blank\" rel=\"noopener\"><b>Mintmobile<br \/><\/b><\/a>If you like your money, Mint Mobile is for you. Shop plans at\u00a0<a href=\"https:\/\/www.mintmobile.com\/?utm_source=podcast&amp;utm_medium=audio&amp;utm_campaign=mint_podcast&amp;utm_content=paula&amp;dnfemfkahqkdlf=paula\" target=\"_blank\" rel=\"noopener\"><strong>Mintmobile.com\/paula<\/strong><\/a><\/p>\n<hr\/>\n<p><a href=\"https:\/\/cozyearth.com\/?utm_source=google&amp;utm_medium=paid&amp;nbt=nb%3Aadwords%3Ag%3A17077564682%3A134481118445%3A764008537176&amp;nb_adtype=&amp;nb_kwd=cozyearth&amp;nb_ti=kwd-443816354828&amp;nb_mi=&amp;nb_pc=&amp;nb_pi=&amp;nb_ppi=&amp;nb_placement=&amp;nb_li_ms=&amp;nb_lp_ms=&amp;nb_fii=&amp;nb_ap=&amp;nb_mt=e&amp;gad_source=1&amp;gad_campaignid=17077564682&amp;gbraid=0AAAAADnxV9Qzq02_rHssFKj2LhIzFURue&amp;gclid=CjwKCAjwvsvTBhBaEiwAmf-3nnsusS0gySenmPGmKHYiBM6W_FTt5Vk7qOjAxbfM5STCZLlO29kwlhoCZ8cQAvD_BwE\" target=\"_blank\" rel=\"noopener\"><b>Cozy Earth<br \/><\/b><\/a>Head to cozyearth.com and use my code <strong>AFFORDANYTHING<\/strong> for an exclusive 20% off<\/p>\n<hr\/>\n<p><a href=\"https:\/\/www.masterclass.com\/?utm_medium=POD&amp;utm_term=Aq-Prospecting&amp;utm_content=AFFORD&amp;utm_campaign=pp_%7c_brd_%7c_uns&amp;utm_source=POD&amp;promo_id=afford\" target=\"_blank\" rel=\"noopener\"><b>MasterClass<br \/><\/b><\/a>MasterClass keeps adding new classes. Get at least 15% off any annual membership at <strong><a href=\"https:\/\/www.masterclass.com\/?utm_medium=POD&amp;utm_term=Aq-Prospecting&amp;utm_content=AFFORD&amp;utm_campaign=pp_%7c_brd_%7c_uns&amp;utm_source=POD&amp;promo_id=afford\">masterclass.com\/AFFORD<\/a><\/strong>.<\/p>\n<hr\/>\n<p><a href=\"https:\/\/www.wayfair.com\/\" target=\"_blank\" rel=\"noopener\"><b>Wayfair<br \/><\/b><\/a>Join Wayfair Rewards to get 5% back on every purchase. Shop all things home at Wayfair.com.<\/p>\n<p><span id=\"tve_leads_end_content\" style=\"display: block; visibility: hidden; border: 1px solid transparent;\"\/><\/div>\n<p><script type=\"text\/rocketlazyloadscript\">\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window, document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '962100826632262');\nfbq('track', 'PageView');\n<\/script><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hackers broke into a real estate closing company\u2019s servers and waited three months for the right deal \u2014 then intercepted a wire and stole $1.2 million from a couple who did everything right, right down to the closing table. Dr. Eric Cole was a former CIA hacker, Cybersecurity Commissioner under President Obama, and longtime security [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7030615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[2712,5516,1648],"dealstore":[],"offerexpiration":[],"class_list":["post-7030614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-couple","tag-lost","tag-million"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How a Couple Lost $1.2 Million - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=7030614\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How a Couple Lost $1.2 Million - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Hackers broke into a real estate closing company\u2019s servers and waited three months for the right deal \u2014 then intercepted a wire and stole $1.2 million from a couple who did everything right, right down to the closing table. 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