• Email scam nets $214M in 14 months

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    WASHINGTON D.C.: An email scam which targets businesses with bogus invoices has netted more than $214 million from victims in 45 countries in just over one year, a Federal Bureau of Investigation (FBI) task force said on Thursday (Friday in Manila). The Internet Crime Complaint Center, a joint effort of the FBI and the nonprofit National White Collar Crime Center, said the losses were calculated from October 1, 2013 to December 1, 2014. In the scheme, fake invoices are delivered to businesses which deal with overseas suppliers, asking for payment by wire transfer.

    AFP

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