REVEALED: CEO Scam, fraudsters' new way of defrauding employees

REVEALED: CEO Scam, fraudsters' new way of defrauding employees

FIJ

FIJ has reported the different ways fraudsters steal through phishing. But phishers are now using a new scheme to catch businesses and workers off guard.

Truecaller, a popular phone services and third party caller app, sent a message to many of its users after it almost fell victim of the CEO Scam in June. In the message was a warning and a link.

“The ‘CEO Scam’ is one trick that’s been causing headaches for many people, from individuals to businesses. This isn’t your run-of-the-mill phishing scam; it’s a sophisticated game of deception that’s catching many people off guard,” Truecaller wrote in its message to users.

“This happened to us… Just last week, various Truecaller employees received a WhatsApp message from a sender claiming to be our co-founder, Alan Mamedi. The message was simple but urgent, ‘Please get back to me as soon as you get my text. Thanks. Alan Mamedi.’”

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