All year, we’ve been sharing information about a scam hitting companies all over the world, where very clever and resourceful scammers impersonate bosses and extract money on false pretenses. The best protection against this kind of fraud is education, and while law enforcement are doing their best to let people know about the scam, the number of victims is only increasing, and law enforcement estimates that the scammers have drained $1.2 billion worldwide from businesses’ bank accounts. The scam itself is very simple: our fake e-mail up top sums up the basics.
Fake Boss Wire Transfer Scammers Have Now Stolen $1.2 Billion From Companies
Laura Northrup, The Consumerist
Fri, 08/28/2015 - 11:25am
BING NEWS:
- Americans lose millions of dollars each year to wire transfer fraud scams. Could banks do more to stop it?
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?" ...
04/19/2024 - 10:26 am | View Link - Holidaymakers being conned with fake flights and caravans by online scammers, research finds
Scammers will try to reach customers on the ... don't be fooled by hosts asking you to ignore the website's rules and transfer money directly to them," Ms Ziegler said. Airbnb, which has teamed ...
04/18/2024 - 6:22 pm | View Link - ‘Queen of the Con’ left trail of scam victims across US. Now ‘Irish heiress’ could face reckoning in UK
Dubbed “Queen of the Con,” Marianne Smyth posed as an heiress, an emissary for Satan, a witch and Jennifer Aniston’s best friend. Then she stole tens of thousands, authorities say.
04/18/2024 - 2:30 am | View Link - Americans lost $10B to scammers last year. Here’s how to avoid popular scams
More than two-and-a-half million Americans lost $10 billion to scammers last year — surpassing the total amount lost to scammers in 2022 by a billion dollars.
04/17/2024 - 9:04 pm | View Link - Social media platforms spread at least 1.5 billion fake posts daily
At least 1.5 billion fake news posts of disinformation are spread every day on social media, a report reveals. Research from the digital identity security specialists, ID Crypt Global, reveals ...
04/17/2024 - 6:41 am | View Link - More
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