Invoice Fraud

Invoice fraud is when fake invoices are sent to targeted businesses in an attempt to extract money from companies with vulnerabilities in their accounts payable processes.

Source: blog.procurify.com

Businesses Are Blindly Paying Fake Invoices
Businesses Are Blindly Paying Fake Invoices
December 03, 2015  |  B2B Payments

The business email scam can take many forms, often leading to a company receiving a seemingly legitimate invoice from a seemingly legitimate supplier. Authorities in...

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Fake Invoicing Returns To Haunt Chinese Trade Sector
Fake Invoicing Returns To Haunt Chinese Trade Sector
October 14, 2014  |  B2B Payments

What initially seemed like an accomplishment, Hong Kong overtook the U.S. as the top destination for Chinese goods and materials.  Now it seems like that...

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