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CEO Email Scams
One of the most successful fraud techniques targeting businesses today is known as the “CEO Email Scam.” The scammer effectively impersonates a company’s CEO or other high-level executive by gaining access to or “spoofing” his or her email account, and requesting a wire transfer. According to the FBI, over 7,000 U.S. businesses fell prey to this scam, netting criminals an estimated $747 million. The scam has been reported in all 50 states and in 79 countries.
One of the most successful fraud techniques targeting businesses today is known as the “CEO Email Scam.” The scammer effectively impersonates a company’s CEO or other high-level executive by gaining access to or “spoofing” his or her email account, and requesting a wire transfer. According to the FBI, over 7,000 U.S. businesses fell prey to this scam, netting criminals an estimated $747 million. The scam has been reported in all 50 states and in 79 countries.
