Public warned to be vigilant as business loses over €200k in invoice fraud scam

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Gardaí are warning the public of invoice redirect fraud and CEO fraud following an increase in such crimes

Image: Shutterstock/igorstevanovic Image: Shutterstock/igorstevanovic GARDAÍ ARE WARNING the public of invoice redirect fraud and CEO fraud following an “noticeable increase” in such crimes.For example, one company lost over €200,000, another lost almost $500,000 and many people and businesses have lost smaller amounts of money.

These requests can also come by way of letter or phone call. As a result, gardaí are warning that caution should be taken with any request of this nature. Gardaí have issued advice from a businessman who was recently the victim of this type of scam and lost a significant amount of money:

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Malaysia Malaysia Latest News, Malaysia Malaysia Headlines