The FBI estimates that “business e-mail compromise” scams cost companies $3.1B globally. A new AICPA report warns accountants who work with foreign suppliers and execute wire transfers to foreign banks about the pitfalls of trusting e-mails that are designed to look as though they are sent from company executives.

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About the Authors

Simon Platt

Simon Platt

Simon Platt co-founded StoneTurn in 2004, and was the firm’s managing partner until 2016, when he was appointed Chair. Simon has led and been involved in many accounting and financial […]

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