Urgent warning after Aussie construction company almost scammed out of $1 million

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The invoice came from the business' legitimate email account and was signed by the supplier's director.

A small business in Victoria has been conned out of - and then repaid - almost $900,000 after they were targeted in a cunning false billing scam.

The details were confirmed and the official invoice was sent back to the construction company for payment. "Please ensure payment is made into the above bank details as funds paid into the old account will now bounce which could cause delays," it read. But that money was on its way to a criminal who had compromised the supplier's email account and the small business had no idea until the supplier later contacted them wondering where the payment was.

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