The “Director Scam” emails are still doing the rounds. Your business needs to be aware and remain vigilant.
There is nothing worse than discovering thousands of pounds has been transferred out of the company accounts - apparently at your instruction.
Even worse, you have no idea what your accounts department are on about as you didn’t give any instruction. These are the convincing emails that are ‘out there’ – someone posing as the boss of a company instructing staff to make payment into the fraudster's account.
An actual example of an email sent from “The Boss” being –
“I need you to make a same day payment of 10,850 pounds for me, can you handle that immediately?
Let me know now so I can send you the details for the payment”
Two Financial Scams
- Contact your bank immediately to get them to stop the payment. Ask for a reference number to ensure that it’s been actioned.
- If they have paid into a Barclays account call Barclays urgently on 0345 050 4585; this is their Retail Fraud team. If you contact Barclays early enough they should be able to put a stop on said account and get any money received or any balance that is in that account refunded to you. Ask for a case reference number, as this way you will know that it is being actioned.
- The other thing to do is report it to Action Fraud http://www.actionfraud.police.uk/contact-us, Whilst they aren’t able to get your money back, the more transactions they are made aware of will hopefully help in tracking the offenders.
- Change of bank details Scam
- When replying to an e-mail try to get into the habit of pressing forward and typing in the e-mail address, NOT pressing reply. This way you are not communicating with the scammer.
- The e-mail address that the scam e-mail comes from looks like one from your company. You can check this by hovering over the e-mail address, as quite often it will highlight who you are really replying to. This is not foolproof however, whereas pressing forward and typing the address in is.
We know that this can happen to anyone in any business sector, but we really do not want it to happen to you.