Scam warning for SAIF Members

SAIF Member Brian Sharples & Son in Stockport are warning members about the ‘push payment’ fraud, of which they unfortunately became victims.  In this type of fraud, the criminals target companies sending invoices to clients by email.

They intercept the email communications and place malware into the computer which lies dormant until it recognises specific keywords relating to a request for funds or deposit payment. They then contact the client requesting funds are made to a new account.

A warning sign is if you notice that a company has changed its bank details. The best advice is to contact the company to check that the new bank account details are authentic before transferring any money.