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Scams?

  • 1.  Scams?

    Posted 07-06-2021 12:57 PM

    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 07-06-2021 01:37 PM
    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 07-06-2021 02:23 PM
    Thank you! I appreciate this info.

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



  • 4.  RE: Scams?

    Posted 07-09-2021 08:46 AM
    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
    ------------------------------