FBI: Massive Business Wire Fraud Scams

 FBI: Massive Business Wire Fraud Scams 

ThreatPost – April 27

The FBI is warning businesses about an ongoing spate of attacks that are stealing millions of dollars from companies through unauthorized bank transfers to Chinese companies. The fraudulent wire transfers are not a new tactic, but the FBI says the current round of attacks is notable in that virtually all of the transfers are going to shell companies based in China and have cost U.S. businesses $11 million.

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