The employee did not realise that the "i" in the supplier’s original email was replaced with a "l".
The employee did not realise that the"i" in the supplier’s original email was replaced with a"l".New: You can now listen to articles.SINGAPORE: More than US$40 million have been recovered from a business email compromise scam in a multi-agency, cross-border effort.
The employee did not realise that the"i" in the supplier’s original email was replaced with a"l" and on Jul 19, transferred a sum of US$42.3 million to the purported supplier.The staff member only discovered the scam after being informed by the genuine supplier that it had not received the payment.Following the police report, SPF engaged the Timor-Leste authorities and Interpol.
A total of seven suspects were arrested by the Scientific Police Criminal Investigation, National Intelligence Services, Financial Intelligence Unit and other law enforcement agencies of Timor-Leste, said SPF.Money seized by Interpol's National Central Bureau in Dili. Although the money had left Singapore, through Interpol, the SPF was able to rely on law enforcement in Timor-Leste to follow and seize the money for the Singapore victim and arrest the perpetrators, he said.
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