Jan 15, 2025
In today's episode of Scam DamNation, host Lillian S. Cauldwell explores the latest email fraud scheme. How do these scammers operate? They hack into a victim’s email account and obtain wiring instructions. By creating a rule in Outlook to bypass the victim and directly reach the banker, they manage to redirect funds to their account. Fortunately, the bank notified the victim about the suspicious activity and halted further withdrawals when she reported it. Think this couldn't happen to you? Think again. This is a disturbingly common tactic among scammers. Tune into today's episode to learn how to safeguard your personal and business banking accounts from email fraud.