Tag archives: BEC

Recognizing & Avoiding Scams
By Patti Teel   |   February 27, 2020

This week’s Scam Report will focus on Business Email Compromise Scams (BEC), which have tripled in the last three years, resulting in more financial losses than any other fraud type in the U.S. It’s when a fraudster uses a compromised email account to insert himself into a transaction where two parties are exchanging money. The […]