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INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore

Aug 6, 2024 by iHash Leave a Comment

Aug 06, 2024Ravie LakshmananEmail Security / Financial Fraud INTERPOL said it devised a "global stop-payment mechanism" that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam. The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of … [Read more...] about INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore

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INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore