Email scams have taken on a more sinister turn by using the names of real
British professionals working in the UK’s top accountancy firms.
It’s unclear whether the emails are from Nigeria where the infamous 419 scams
Nicholas Dennis, director, investment management, at Smith & Williamson,
has become the latest victim of a fraudulent email.
The email said: ‘Being the deceased financial consultant before his untimely
and sudden death and since I am the only one who has the knowledge of the
vaulting company in Europe where these funds ($30million) was moved to and can
move this deal forward to its successful end once we conclude to work together.’
Dennis confirmed he had no knowledge of the scam and would forwarding the
offending email to his firm’s compliance department who would discuss it with
the Serious Fraud Office and the Financial Services Authority.
Dennis said: ‘Most people realise they aren’t real but some people are taken
in by them. It’s a worry when you see something using your name.’
The average cost of fraud increased 35.4% to £3.9m in 2016, compared to 2015 data
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