Cyber

Crooks Con Advisers, Steal Clients’ Cash

“n a new twist, cyber-robbers are using ginned-up e-mail messages in attempts to con financial advisers into wiring cash out of their clients’ online investment accounts.
If the adviser falls for it, a wire transfer gets legitimately executed, and cash flows into a bank account controlled by the thieves — leaving the victim in a dispute with the financial adviser over getting made whole.”

Source: Crooks Con Advisers, Steal Clients’ Cash – Business Insider

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