000 in Business Email Compromise scam”
Source: Barbara Corcoran has lost nearly $400,000 to an email scammer posing as her executive assistant. Scammer sent an invoice asking that US $388,700.11 be transferred to a German-based bank account. Scammers had created an email address that looked the same as the executive assistants, apart from a difference in one single letter. The bookkeeper did not spot the minor difference in the email address, and so when she asked questions such as the purpose of the payment, her communication went straight to the scammers rather than the genuine assistant.”]