WSB-TV 2 Georgia reported:
TROUP COUNTY, Ga. — A man accused of helping steal more than $60,000 from a west Georgia church through a sophisticated email scheme is now in custody, according to the sheriff’s office.
According to Troup County investigators, suspects impersonated financial advisors connected to a legitimate financial institution. Using spoofed email accounts, they convinced church representatives to send funds to a fake business account controlled by the group.
According to Troup County investigators, suspects impersonated financial advisors connected to a legitimate financial institution. Using spoofed email accounts, they convinced church representatives to send funds to a fake business account controlled by the group.
Find the original article here.
Takeaway: Have a separate process for remittance changes that includes controls, validations, authentication and best practices. Also, fraudsters are not just overseas - they are in the US too.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat
Takeaway: Have a separate process for remittance changes that includes controls, validations, authentication and best practices. Also, fraudsters are not just overseas - they are in the US too.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat