$58k lost in business e-mail scam recovered by S’pore police with help from UAE, Interpol

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The scammers posed as a supplier and directed the company to send payment to a bank account.

The police’s Anti-Scam Command managed to recover the lost money with help from the UAE authorities and Interpol through the Interpol’s rapid response system called Global Rapid Intervention of Payments.

The Singapore-based consultancy firm lodged a report on Sept 18, saying it had fallen prey to a case of business e-mail scam, the police said in a news release on Oct 3. “Unbeknownst to the staff, the ‘.com’ in the supplier’s original e-mail was replaced with ‘.store’,” the police said. The fraud was discovered on the same day, after the real supplier told the staff member that it has not changed its bank account.

 

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