Scammer Spoofs a City Supplier, Steals $1.5 Million from Baltimore

A scammer that spoofed a city supplier convinced employees in the City of Baltimore's Accounts Payable Department to send two EFT payments totaling more than $1.5 million to a bank account they controlled and illustrating the ongoing threat posed by BEC fraud.

The post Scammer Spoofs a City Supplier, Steals $1.5 Million from Baltimore appeared first on Security Boulevard.