In a new twist on an old phishing scam, cyber-robbers are reportedly using e-mail to con financial advisers into wiring cash out of clients' online investment accounts. A "veteran financial planner" was duped by a Gmail message appearing to arrive from an insurance company executive.
This Website Is For Financial Professionals Only
According to a security security consultant quoted in the USA Today report
, if the adviser falls for the ruse, a wire transfer gets legitimately executed and cash flows into a bank account controlled by the thieves — leaving the victim in a dispute with the financial adviser over getting made whole.