Buyers, beware: Covid-19 fraudsters targeting Irish firms online - News Summed Up

Buyers, beware: Covid-19 fraudsters targeting Irish firms online


Fraudsters are using new websites containing 'Covid-19' in their branding to con businesses into ordering supplies that never arrive. The Banking and Payments Federation of Ireland (BPFI) warned that two types of scams were particularly targeting small firms: fake invoices and invoice redirection. Both seek to exploit firms' naiveté about making purchases and paying bills online, as they close shops and operate remotely for the first time. The first scam involves fake e-commerce sites offering Covid-19 tests, anti-viral sanitisers and personal protection equipment for sale. If the request is acted upon, the next legitimate payment will be made directly to the fraudster's account," Mr Hayes said.


Source: Irish Independent April 11, 2020 01:30 UTC



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