Company loses handling fee when duped by email scam during US$300mil purchase of private aircraft. Fraudsters hacked into emails of intended recipient for the commission before setting up account with similar address. — SCMP
An investment company in Hong Kong was duped out of US$5.25mil (RM22.75mil) when buying private jets to become the city’s latest victim of email fraud.
The firm was scammed this month while trying to pay a handling fee to its overseas business partner for a US$300mil (RM1.30bil) aircraft deal, a law enforcement source told the Post.
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