Fake vendor scams target small business owners who don’t have the time or resources to double-check every transaction. Scammers pretend to be legitimate suppliers, sending fake invoices, stealing your payment details, or delivering poor-quality (or no) products.
If you’re not careful, a single fake vendor scam can drain your business financially and damage your reputation. In this guide, we’ll walk you through simple steps to vet suppliers and protect your business from fraud.
What Are Fake V