Scammers recently targeted AAMP supplier and processor members using an invoice con that has cost some companies thousands of dollars.
How it works: A scammer sends out a fraudulent invoice to a processor that appears to come from a supplier company asking for them to wire the remaining balance on equipment they purchased. The invoices are created to look almost identical to the one the supplier company would use except for a different wire transfer and phone number – even the amount owed appears correct. When a processor calls the number, the scammer will speak as though they know the person and move forward with the transfer.
Always verify the authenticity of a wire transfer request. Call the person or company, using a number you have previously called — not one from the current wire transfer request — to verbally verify it. If you transfer money to a scammer, you could lose the money indefinitely, depending on the bank and its policies.
If you’ve been victimized by a wire transfer fraud, or find yourself with a suspicious email, contact your local law enforcement. You can also report the crime to the FBI at the Internet crime complaint center, IC3.gov. They receive calls 24/7.