Singaporean Authorities and Interpol Recover $40 Million from Massive BEC Scam

With the help of Interpol, Singaporean authorities have made one the largest
fund recoveries stemming from scams, specifically from business email compromise
(BEC) schemes.

We often hear about consumer scams because they are so prevalent, but there’s a
specific scam designed to go after high-ranking people in organizations. It’s
called business email compromise and it works much like consumer scams.

Criminals trick employees into sending money to the wrong account, address, etc.
The emails loo