The City police fraud section looking into reports of wire transfer fraud which ivolves a business being contacted through email from compromised email accounts and requesting a wire transfer of funds to an external account.
The criminals either use the existing email address or slightly change the email address to pose as a member of the businesses management team requesting the transfer.
Banks, brokerage firms or credit unions have been targeted in the past but now the culprits appear to be targeting employees who handle money.
Police tells us this scam is active in the city with two attempts reported and one organization out thousands of dollars.
