FBI: Business Email Compromise: The $50 Billion Scam

"Business Email Compromise/Email Account Compromise (BEC) is a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds requests."

Federal Bureau of Investigation (FBI): “This Public Service Announcement is an update and companion piece to Business Email Compromise PSA I-050422-PSA posted on www.ic3.gov.

This PSA includes new Internet Crime Complaint Center complaint information and updated statistics from October 2013 to December 2022.

Definition

Business Email Compromise/Email Accou…