Money transfer fraud happens when a criminal poses as a senior executive and asks an employee to complete a financial transaction, like a confidential business investment or a payment to a vendor. Many times instructions include changing bank payment information for a legitimate invoice and funds are transferred to the criminal.
If you think your business has been impacted by a money transfer scam, we recommend that you act immediately by following our guidelines below, and then proceed to our Report, Recover and Reinforce sections for further assistance.
These resources have been gathered, selected and vetted to help simplify the process of recovering after a cybercrime incident has taken place. You may need to contact organizations outside Fraudsupport.org. Results will vary depending on your circumstances.
Once you have notified the appropriate organizations and you are on the road to recovery, it is time to reinforce your cybersecurity using these resources and tools.