Invoice fraud is a growing concern for small business owners. According to a
2024 study [https://legacy.acfe.com/report-to-the-nations/2024/] by the
Association of Certified Fraud Examiners (ACFE), businesses lose about 5% of
their revenue to fraud each year. For very small businesses, this can be
particularly devastating.
2024 study [https://legacy.acfe.com/report-to-the-nations/2024/] by the
Association of Certified Fraud Examiners (ACFE), businesses lose about 5% of
their revenue to fraud each year. For very small businesses, this can be
particularly devastating.
In 2023, the FBI reported
[https://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3Report.pdf] that Business
Email Compromise (BEC) scams, which often involve invoice fraud, was t