Payment redirection scams are a type of scam that involves emails and invoices. These scams can be prevented by following these tips:
How payment redirection scams work:
• Scammers may hack a business’s email account and impersonate them by email, asking you to pay into an ‘updated’ bank account or change the payment details on an invoice.
• The email may look legitimate, as it could come from the business’s email address or one that looks similar.
• Scammers can also target individuals by hacking into their email accounts to determine when invoices and payments are due.
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