ca-civ-2023-0119

Chen v. Summit Settlement Group

Buyer's down payment wired to fraudulent account after email compromise at closing agent. Settled for full amount.

Party
Summit Settlement Group, LLC
County
Orange, CA
Year
2023
Amount at issue
$480K
Authority
Orange County Superior Court
Status
Settled

What happened

Email account of escrow officer compromised; wiring instructions altered.

Settled in mediation; firm paid full amount plus fees from E&O policy.

Primary sources

  • Notice of Settlement
    OCSC Case No. 30-2023-01342991