CEO fraud, also known as business email compromise (BEC) or email account compromise (EAC), is a type of financial crime where perpetrators impersonate high-level executives within an organization to deceive employees, customers, or suppliers into making fraudulent payments or disclosing sensitive information. This form of fraud typically involves spoofed or…
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Financial Crime Risk Management (FCRM) in private and public organizations has undergone big changes due to paradigm shifts in business dynamics, emerging threats, regulatory climate and technological advancements. However, in the last few months, the world has been experiencing something unprecedented that has made all other changes somewhat secondary: The…
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We know there’s been a flood of information and updates about the government’s economic impact payments, or so-called stimulus checks, lately. But quickly and safely moving massive amounts of money into the hands of those who need it is a big job with a lot of moving parts. We also…
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Fraud Perpetrators are taking advantage of fears surrounding the Coronavirus. Here are some tips to help you keep the fraud perpetrators at bay: Hang up on robocalls. Don’t press any numbers. Fraud Perpetrators are using illegal robocalls to pitch everything from scam Coronavirus treatments to work-at-home schemes. The recording might say…
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Fraud Perpetrators are taking advantage of fears surrounding the Coronavirus. Those scammers are setting up websites to sell bogus products, and using fake emails, texts, and social media posts as a ruse to take your money and get your personal information. The emails and posts may be promoting awareness and…
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Fraud Perpetrators are adapting existing technology to play on people’s fears around corona-virus. Some examples of COVID-19 scams include: Treatment scams: Fraud Perpetrators are offering to sell fake cures, vaccines, and advice on unproven treatments for COVID-19 Supply scams: Fraud Perpetrators are creating fake shops, websites, social media accounts, and email addresses…
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If there’s a high demand online for health and safety items, like facemasks and paper products, guess what scammers pretend to sell? That’s right: health and safety items, like facemasks and paper products. Since the beginning of March, dozens of people, including healthcare workers, have told the FTC they paid…
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This is an alert for small business owners who are looking to apply for the Paycheck Protection Program (“PPP”) loans offered by the U.S. Small Business Administration (“SBA”). The loans help alleviate the economic impact of the Coronavirus pandemic, but there are bad actors trying to get business owners to…
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To find out for which schemes you qualify, you can use the KVK – Business.gov.nl measure checker (interactive pdf). These measures are available now: Financial measures FOR WHOM? APPLY TO: OPEN? NOW Employers who experience at least 20% turnover loss Employee Insurance Agency UWV Yes TOZO All self-employed professionals: zzp, dga’s, partners…
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