FundSvcs Community

Expand all | Collapse all

Scams?

  • 1.  Scams?

    Posted 18 days ago

    From time to time, but with increasing frequency, we will receive very general and vague inquiries as the following. I am dismissing them as illegitimate after not being able to find corroborating information, however, I guess because I don't think like a criminal, I can't understand what exactly this scheme is as they only ask for our tax ID. Anyone have any insight or experience to share? I would like to take the opportunity to educate my staff on what to be on the lookout for. Thanks!

     Example of message: 

    Wire Transfer Information Request

    Hi,the family of Richard Veng would love to donate to your
    Organization, kindly provide me with your wire transfer information as
    soon as possible.

    PS: Kindly send your company TAX ID number for tax purposes.



    Thanks

    Richard....

     

     

    Lisa M. Johnson

    Manager, Development Services

    The Valley Hospital Foundation

    Phone: 201-447-8427

    Ljohnso7@valleyhealth.com



    ------------------------------
    Lisa Johnson
    Manager, Development Services
    Valley Hospital Foundation
    ljohnso7@valleyhospitalfoundation.org
    ------------------------------


  • 2.  RE: Scams?

    Posted 18 days ago
    Lisa,

    It looks like they're also asking for your routing number and bank account number. 
     
    One kind of scam is that you go ahead and send it over, and then they request a payment from you to cover some fees. You send the money, you never hear from them again. 

    Another version is that they use the information to prepare a wire transfer from you to them, and use a hacked or spoofed email address to send what looks like an internal request to one of your executives, asking to approve a transfer.

    Here's a good summary of ways to prevent being defrauded: https://cpahalltalk.com/wire-transfer-fraud/



    Thank you,
    Isaac Shalev
    Data Strategy Expert
    Sage70, Inc.
    (917) 859-0151
    isaac@sage70.com

    Schedule a 30-minute consultation now:






  • 3.  RE: Scams?

    Posted 18 days ago
    Thank you! I appreciate this info.

    ------------------------------
    Lisa Johnson
    Manager, Development Services
    Valley Hospital Foundation
    ljohnso7@valleyhospitalfoundation.org
    ------------------------------



  • 4.  RE: Scams?

    Posted 15 days ago
    Hi Lisa,

    We received the EXACT same message today. Luckily our account is protected from debits. 

    Thanks for the heads up!

    ------------------------------
    Paula Ammirato
    Senior Director of Development Operations
    Montefiore Medical Center
    paamirat@montefiore.org
    ------------------------------