3 months ago

Scammed company Inoteq ordered to pay $190k to Mobius Group after paying fraudulent invoice

Businesses are being warned to be vigilant against invoice scams, after a likely precedent-setting decision by a WA court. Judge Gary Massey said while Inoteq had been "prudent" in calling Mobius Group to confirm the change: "The telephone call was inadequate in all the circumstances and should have prompted a subsequent telephone call." "This is an interesting development in the law because, to my knowledge, this is the first reported decision dealing with a situation where the fraudulent updated bank account details were sent solely from a legitimate email address," Mr Bower said. "In previous cases, often the fraudulent updated bank account details come from a similar but different email addresses. "In this case, the fraudulent updated bank account details came from a legitimate but compromised email address, but even so, the court found that the recipient of the fraudulent email was still liable to pay."

ABC
Pay Email Account Decision Details Protect Fraudulent Invoice Mr Bower Mobius Group Scammed Company Inoteq
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