FRAUD ALERT: Don’t be fooled by this scheme
Someone in the finance area receives an email appearing to be from the CEO requesting a payment to a vendor, generally with some urgency. However, the email is not from the CEO, it is from a fraudster.
Don’t rely on an email instruction to make a payment. Verify the email really came from the sender through a different communication method, such as by phone, before initiating a wire transfer or ACH transaction.
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