Whether you’re a property buyer or seller; beware the conveyancing attorney who is not wise to the “email invoice hacking scam”, warned consumer journalist Wendy Knowler.
Scammers get email addresses of companies that regularly email invoices to their customers for payment.
They then hack that email account and intercept an invoice-containing email.
They insert their bank account details and send the altered invoice from an email address almost identical to the real one.
The client then, unknowingly, pays the fraudster instead of the company to which they owe money.
Knowler cautions that fraudsters heavily target conveyancing attorneys in this type of scam.
Listen to the interview in the audio below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
Text messaging on WhatsApp is working but, at times, voice notes, videos and photos fail to download.
Can the rand break through R14/US$? The Money Show’s Bruce Whitfield interviews John Cairns, Strategist at Rand Merchant Bank.
Zimbabwe’s inflation rate peaked at 897 000 000 000 000 000 000 000% in November 2008. Bruce Whitfield interviews Lee Kasumba.
The Money Show’s Bruce Whitfield interviews Ketso Gordhan, CEO at SA SME Fund.
The two companies are running a 40-second advertisement. Branding expert Andy Rice is not impressed.
Bruce Whitfield interviews Sexy Socks founder Dave Hutchison and Andrew Papadopoulos, a trademark attorney at KISCH IP.
The writing is probably on the wall for the resurgent rand. Bruce Whitfield interviews John Cairns, a Strategist at RMB.
Personal Finance's retired founding editor Bruce Cameron on his attitude toward money (hopes and fears, successes and failures...)
Public Protector Busisiwe Mkhwebane lied and acted in bad faith, the ConCourt ruled. Bruce Whitfield interviews Dr Cathy Powell.
Samantha Steyn, a portfolio manager at Cannon Asset Managers, shares her stock picks of the week.
The news that DJ Fresh would be joining 947 was dominating on social media on Monday with the hashtag #Freshon97
Khabazela shares tweets and Facebook posts that have gone viral.
A Sunday newspaper report has suggested the soccer ace's death may have been linked to a missing stash of cocaine.
Washington Post technology columnist Geoffrey A. Fowler did a forensic analysis of the Russia-based app. Check it out.
An expert on human trafficking explains how the syndicate operates and how women are lured into dens.