An Garda Síochána have issued a warning to the public about the continuing existence of a type of banking fraud which requests those targeted to change bank accounts.
More often than not, the victim of the crime won't know that they have been scammed until the legitimate supplied requests the payment that has since gone into the criminal's accounts. In recent weeks, criminals have succeeded in defrauding companies for very substantial amount of money, with one company losing over €200,000, and another losing almost $500,000, while many individuals or businesses have lost smaller amounts of money.Check all incoming email addresses - that they are correct and coming from a trusted source, its important also to check other emails addresses copied on the mail chain, in order to check that they are also genuine.
Source: Financial Digest (financialdigest.net)