Irish company conned out of $74k while trying to buy Covid-19 PPE manufacturing machine

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The misdirected payment was returned to the Irish company’s bank account.

Image: Shutterstock/smolaw Image: Shutterstock/smolaw AN IRISH COMPANY was scammed out of $74,000 by con artists who used a method called invoice redirect fraud to trick the firm into sending the money to an account controlled by the criminals.

The business had negotiated the purchase of a machine, to be used in the manufacture PPE equipment for the HSE, from a company based in China. #Open journalism No news is bad news Support The Journal Your contributions will help us continue to deliver the stories that are important to youThe Irish company was notified of the transaction by their financial institution yesterday.

 

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