If you or your customers have been victimized by a business email compromise (BEC) scheme, you’re not alone. This type of fraud is common and often involves criminals either accessing a business’ email or sending an email from what appears to be an address associated with a business that requests a wire transfer(s). The accounts provided for receiving the funds; however, are controlled by the criminals.
The FBI recently launched an effort to disrupt such BEC schemes and, over
Just a reminder that a BEC scheme can trigger a Suspicious Activity Report (SAR) if the filing thresholds are met, regardless of whether the scheme is successful or whether there was an actual loss. The following Advisory (FIN-2019-A005) outlines additional information on SAR filing. BEC victims are also encouraged to file an online complaint with the FBI’s Internet Crime Complaint Center.
Published
2022/04/25